FaZe has terminated its contract with its CEO

The esports teamFaZe Clan has replaced its leader, dismissing Lee Trink from the position of CEO. This information was reported by the Dexerto portal, citing its sources.

The primary reason for the dismissal was the prolonged crisis within FaZe Clan, despite significant investments by the organization in supporting teams in various esports disciplines. Additionally, the organization was impacted by setbacks in the stock market.

According to the sources, the responsibilities of the CEO will now be assumed by FaZe Clan's Chief Operating Officer and Chief Financial Officer, Christoph Pahler.