RALEIGH, N.C. – September 20, 2022 — Today, Ubisoft announced the appointment of Elizabeth Loverso as Managing Director of Red Storm Entertainment following Steve Reid, studio co-founder and Managing Director, who will retire after 21 years serving in this role. Reid will stay on through the end of the year as a part-time consultant for the studio during the transition.

As a founding member of Red Storm Entertainment in 1996 along with Tom Clancy and 17 developers, Reid has been instrumental in the growth and success of the studio, which joined Ubisoft in 2000. He’s overseen the creation of Tom Clancy brands, including Tom Clancy’s Rainbow Six and Tom Clancy’s Ghost Recon.

“Red Storm is exactly what I hoped it would become, something that would last. Something that each of us could all be proud of in both creativity and culture. I thank all my co-founders for the boldness to create a startup, and Yves Guillemot for the backing and the partnership to turn games into long-lasting brands,” said Steve Reid, Managing Director, Red Storm Entertainment. “Finally, I thank all our team members, past and present, for their part in our amazing story, and I know Elizabeth will carry on what we started.”

Elizabeth Loverso, Vice President of Product Development, will now serve as the Managing Director. With more than 28 years of expertise in production and talent management, she has played a critical role in overseeing the development of numerous award-winning and iconic AAA gaming franchises and collaboration on numerous games in the Tom Clancy and Far Cry universes, as well as Ubisoft Film & Television’s series “Mythic Quest” for Apple TV+ and upcoming Tom Clancy’s The Division® Heartland and Assassin’s Creed VR.

“I am excited to continue the legacy we have created here under Steve’s tutelage with the talented development teams,” said Elizabeth Loverso, Vice President of Product Development.

“I’d like to thank Steve for all that he’s done, and I’m looking forward to building on our success to ensure Red Storm’s teams continue to operate in a healthy and inclusive environment where everyone can achieve their full potential.”

In addition to taking on her new role bringing Ubisoft’s strategic vision to life, she will continue production direction of the Red Storm Studio until her replacement is found.

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About Red Storm:

The studio was founded back in 1996 by the novelist Tom Clancy, British Royal Navy Captain Doug Littlejohns, Creative Director Steve Reid, and 17 developers. Red Storm released its first game, Tom Clancy’s Politika, in November of 1997. Building on the success of the studio’s first title, Red Storm then released the award-winning and best-selling Tom Clancy’s Rainbow Six in 1998. This game defined the tactical shooter genre and established our studio as an industry leader.

Acquired by Ubisoft Entertainment in 2000, Red Storm released its next breakthrough title, Tom Clancy’s Ghost Recon®, to numerous Game of the Year awards in 2001. Since then, the studio has been recognized worldwide as an integral part of Ubisoft, with ongoing contributions to Tom Clancy's Ghost Recon, Tom Clancy’s Rainbow Six, Far Cry, Tom Clancy's The Division, Rocksmith, and other notable Ubisoft brands including the upcoming Tom Clancy's The Division Heartland. Red Storm has been successfully developing games both independently and in collaboration with other Ubisoft studios for over two decades.

About Ubisoft:

Ubisoft is a creator of worlds, committed to enriching players’ lives with original and memorable entertainment experiences. Ubisoft’s global teams create and develop a deep and diverse portfolio of games, featuring brands such as Assassin’s Creed®, Brawlhalla®, For Honor®, Far Cry®, Tom Clancy’s Ghost Recon®, Just Dance®, Rabbids, Tom Clancy’s Rainbow Six®, The Crew®, Tom Clancy’s The Division®, and Watch Dogs®. Through Ubisoft Connect, players can enjoy an ecosystem of services to enhance their gaming experience, get rewards and connect with friends across platforms. With Ubisoft+, the subscription service, they can access a growing catalog of more than 100 Ubisoft games and DLC. For the 2021–22 fiscal year, Ubisoft generated net bookings of €2,129 million. To learn more, please visit: www.ubisoftgroup.com.