Corsair Announces Planned Retirement of Founder and CEO Andy Paul and Appointment of Thi La as Company’s Next CEO
Corsair Gaming (NASDAQ: CRSR) announced that Founder and CEO Andy Paul will retire effective July 1, 2025, with current President and COO Thi La appointed as the next CEO. La, who joined Corsair in 2010, has been instrumental in growing the company from $300 million to its current size, expanding from DIY components to 30 different product lines.
La has served as COO since 2013 and President since 2021, previously holding positions at Opnext and HP. Under Paul and La's leadership, Corsair evolved from a hardware-focused company to a diverse gaming enterprise, recently acquiring Fanatec. Paul founded Corsair in 1994 with three other engineers, initially focusing on gaming hardware like overclocking memory and DIY components.
Corsair Gaming (NASDAQ: CRSR) ha annunciato che il Fondatore e CEO Andy Paul si ritirerà a partire dal 1 luglio 2025, con l'attuale Presidente e COO Thi La nominato come prossimo CEO. La, che è entrato in Corsair nel 2010, è stato fondamentale per far crescere l'azienda da 300 milioni di dollari alla sua attuale dimensione, espandendosi dai componenti fai-da-te a 30 diverse linee di prodotto.
La ha ricoperto il ruolo di COO dal 2013 e di Presidente dal 2021, avendo precedentemente ricoperto posizioni in Opnext e HP. Sotto la guida di Paul e La, Corsair è evoluta da un'azienda focalizzata sull'hardware a un'impresa di gioco diversificata, acquisendo recentemente Fanatec. Paul ha fondato Corsair nel 1994 insieme ad altri tre ingegneri, inizialmente concentrandosi sull'hardware da gioco come la memoria overclocking e i componenti fai-da-te.
Corsair Gaming (NASDAQ: CRSR) anunció que el fundador y CEO Andy Paul se retirará a partir del 1 de julio de 2025, nombrando a la actual presidenta y COO Thi La como el próximo CEO. La, quien se unió a Corsair en 2010, ha sido fundamental para hacer crecer la empresa de 300 millones de dólares a su tamaño actual, expandiéndose de componentes de bricolaje a 30 líneas de productos diferentes.
La ha sido COO desde 2013 y presidenta desde 2021, habiendo ocupado anteriormente puestos en Opnext y HP. Bajo el liderazgo de Paul y La, Corsair ha evolucionado de una empresa centrada en hardware a una empresa de juegos diversificada, adquiriendo recientemente Fanatec. Paul fundó Corsair en 1994 junto con otros tres ingenieros, enfocándose inicialmente en hardware de juegos como memoria overclockeada y componentes de bricolaje.
코르세어 게이밍 (NASDAQ: CRSR)은 창립자이자 CEO인 앤디 폴이 2025년 7월 1일부로 은퇴한다고 발표했으며, 현재 사장 겸 COO인 티 라가 차기 CEO로 임명되었습니다. 2010년에 코르세어에 합류한 라는 회사를 3억 달러에서 현재 규모로 성장시키는 데 중요한 역할을 했으며, DIY 부품에서 30개의 다양한 제품 라인으로 확장했습니다.
라 는 2013년부터 COO로, 2021년부터 사장으로 재직했으며, 이전에는 Opnext와 HP에서 근무한 경험이 있습니다. 폴과 라의 리더십 아래, 코르세어는 하드웨어 중심의 회사에서 다양한 게임 기업으로 발전하였으며, 최근에는 파나텍을 인수했습니다. 폴은 1994년에 다른 세 명의 엔지니어와 함께 코르세어를 설립했으며, 처음에는 오버클럭 메모리 및 DIY 구성 요소와 같은 게임 하드웨어에 집중했습니다.
Corsair Gaming (NASDAQ: CRSR) a annoncé que le fondateur et PDG Andy Paul prendra sa retraite à compter du 1er juillet 2025, avec l'actuelle présidente et COO Thi La nommée nouvelle PDG. La, qui a rejoint Corsair en 2010, a joué un rôle clé dans la croissance de l'entreprise, passant de 300 millions de dollars à sa taille actuelle, en élargissant son offre de composants DIY à 30 lignes de produits différentes.
La a été COO depuis 2013 et présidente depuis 2021, ayant précédemment occupé des postes chez Opnext et HP. Sous la direction de Paul et La, Corsair a évolué d'une entreprise axée sur le matériel à une entreprise de jeux diversifiée, ayant récemment acquis Fanatec. Paul a fondé Corsair en 1994 avec trois autres ingénieurs, en se concentrant initialement sur le matériel de jeu comme la mémoire overclockée et les composants DIY.
Corsair Gaming (NASDAQ: CRSR) gab bekannt, dass der Gründer und CEO Andy Paul zum 1. Juli 2025 in den Ruhestand treten wird, wobei die derzeitige Präsidentin und COO Thi La zur nächsten CEO ernannt wird. La, die 2010 zu Corsair kam, war maßgeblich daran beteiligt, das Unternehmen von 300 Millionen Dollar auf seine aktuelle Größe zu bringen, indem es sich von DIY-Komponenten auf 30 verschiedene Produktlinien ausgeweitet hat.
La ist seit 2013 COO und seit 2021 Präsidentin und hatte zuvor Positionen bei Opnext und HP inne. Unter der Leitung von Paul und La hat sich Corsair von einem hardwarefokussierten Unternehmen zu einem vielfältigen Gaming-Unternehmen entwickelt und kürzlich Fanatec übernommen. Paul gründete Corsair 1994 zusammen mit drei anderen Ingenieuren und konzentrierte sich zunächst auf Gaming-Hardware wie übertaktete Speicher und DIY-Komponenten.
- Planned succession ensures smooth leadership transition
- New CEO has 14 years of company experience and proven track record
- Recent Fanatec acquisition strengthens market position
- Company grew from $300M to multiple product lines under La's tenure
- Loss of founding CEO who led company for 31 years
Ms. La, an experienced leader in the computer and gaming industries, joined Corsair in 2010, and played an instrumental role in growing Corsair from a
Andy Paul, Founder and Chief Executive Officer of Corsair, commented, “After 31 incredible years leading this company, it is with mixed emotions that I announce my retirement. It has been the honor of a lifetime to witness the growth, challenges, and successes we’ve shared together. I am immensely proud of the team we’ve built, and the remarkable milestones we’ve reached. As I step down, I am excited to welcome Thi La as Corsair’s next CEO. Thi brings a wealth of experience, vision, and passion to this role, and I am confident she is the right leader to guide the company towards even greater achievements. I look forward to seeing all the remarkable growth and innovation that lies ahead.”
George Majoros, Jr., Chairman of the Board of Directors of Corsair Gaming, Inc., said, “Few people have single-handedly shaped a global industry in the way that Andy Paul has. On behalf of Corsair’s entire Board of Directors and its employees, we thank Andy for his three decades of leadership and wish him well in his retirement. At the same time, we are excited to appoint Thi La to be the Company’s next CEO effective July 1. We are confident that Thi is a proven executive with the track record and vision to lead Corsair into a new era of growth and innovation.”
Thi La, President and COO of Corsair, said, “I am honored the Board of Directors selected me to succeed Andy Paul as CEO, and I want to thank them for their confidence and support during this transition. Andy has achieved incredible success over the past 31 years, building Corsair into a global leader. I am personally thankful to him for his mentorship and support during my 14 year tenure with the company. My passion is to make great products for our enthusiast consumers, and my goal is to put customers first while accelerating Corsair’s growth. With our recent acquisition of Fanatec and the NVIDIA 5000 series launch, we are in a strong position to jump start the next phase of Corsair’s growth.”
Andy Paul and three other engineers founded Corsair in Silicon Valley in 1994. In the company’s earliest years, Paul focused on building hardware for serious gamers like overclocking memory and other world-class DIY components. Under Paul’s leadership and with Thi as President, Corsair expanded from hardware into peripherals through acquisitions and in-house innovation that have allowed the company to build leadership positions in new segments of the market.
About Corsair:
Corsair (Nasdaq: CRSR) is a leading global developer and manufacturer of high-performance products and technology for gamers, content creators, and PC enthusiasts. From award-winning PC components and peripherals, to premium streaming equipment and smart ambient lighting, Corsair delivers a full ecosystem of products that work together to enable everyone, from casual gamers to committed professionals, to perform at their very best. Corsair also sells products under its Fanatec brand, the leading end-to-end premium Sim Racing product line; Elgato brand, which provides premium studio equipment and accessories for content creators; SCUF Gaming brand, which builds custom-designed controllers for competitive gamers; Drop, the leading community-driven mechanical keyboard brand; and ORIGIN PC brand, a builder of custom gaming and workstation desktop PCs.
Forward Looking Statements
This press release contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company’s financial outlook for the full year 2025; market headwinds and tailwinds, including its expectations regarding the gaming market’s continued growth; new product launches, the entry into new product categories and demand for new products; the Company’s ability to successfully close and integrate acquisitions and expectations regarding the growth of these acquisitions as well as their estimated impact on the Company’s financial results in future periods and the size of markets and segments in the future. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s limited operating history, which makes it difficult to forecast the Company’s future results of operations; current macroeconomic conditions, including the impacts of high inflation and risk of recession, on demand for our products, consumer confidence and financial markets generally; the Company’s ability to build and maintain the strength of the Company’s brand among gaming and streaming enthusiasts and ability to continuously develop and successfully market new products and improvements to existing products; the introduction and success of new third-party high-performance computer hardware, particularly graphics processing units and central processing units as well as sophisticated new video games; fluctuations in operating results; the loss or inability to attract and retain key management; the impacts from geopolitical events and unrest; delays or disruptions at the Company or third-parties’ manufacturing and distribution facilities; and the other factors described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”) and our subsequent filings with the SEC. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250212683980/en/
Investor Relations Contact:
Ronald van Veen
ir@corsair.com
510-578-1407
Media Contact:
Timothy Biba
tbiba@soleburystrat.com
203-428-3222
Source: Corsair Gaming, Inc.
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