Playtika has named Tae Lee as interim chief financial officer to replace long-serving CFO Craig Abrahams, who is leaving the social and casual gaming operator at the end of March.

Abrahams has served as CFO since October 2019, overseeing several of the company’s acquisitions, including Buffalo Studios (makers of Bingo Blitz), EA Mobile Montreal (makers of World Series of Poker), and Pacific Interactive (makers of House of Fun).

Prior to that he served as the company’s president of global development, having first joined Playtika’s Board of Directors in May 2011.

Abrahams served as co-founder, president and CFO of Caesars Interactive Entertainment (CIE) between 2011 and 2016, where he helped lead CIE’s purchase of Playtika in 2011. 

“15 years. It’s never easy to find the “right” time to leave a team you have been a part of since the beginning,” said Abrahams. “I met Robert [Antokol] and Uri [Shahak] at the start of 2011 and Caesars Interactive acquired Playtika just a few months later. From that moment on, it has been quite the journey – from the 2016 sale and our 2021 IPO to the 12+ acquisitions we’ve made along the way.

“That said, I had to make a hard personal decision and now is the time to take a break, starting in April. I’m looking forward to investing my time and energy into my family, and taking the space to think and reflect before I take on my next professional challenge. To Robert, the Board, the leadership team, and every Playtikan past and present: thank you for the trust, the partnership, and the memories.”

Playtika’s Board has appointed Tae Lee to serve as interim CFO alongside his role as the company’s principal financial officer.

Lee joined the company from Meta Platforms in 2021 as vice president of corporate finance, and has served as senior vice president of corporate finance and investor relations since 2023. 

Last month, Playtika reported an 8 per cent increase in revenue to $2.76 billion for 2025, including a 4 per cent revenue rise in the final quarter of the year to $678.8 million.

Shares in Playtika Holding Corp. (NASDAQ:PLTK) closed 0.71 per cent lower at $2.78 per share in New York Thursday.