Krafton ordered to rehire Subnautica 2 CEO it previously fired

A Delaware judge has ordered Krafton to reinstate Ted Gill as CEO of Unknown Worlds Entertainment. Vice Chancellor Lori W. Will of Delaware Chancery Court wrote, "Krafton breached the EPA by terminating the Key Employees without valid Cause and by improperly seizing operational control of Unknown Worlds." The order bars Krafton from obstructing Gill's "authority over the early access launch of Subnautica 2" and extends the $250 million bonus payout window until Sept.

15, with a further extension possible. Director Charlie Cleveland and co-founder Max McGuire, who were also fired by Krafton, stand to benefit from the extension. The dispute centers on the $250 million payout tied to 2025 revenue targets. Krafton delayed Subnautica 2, saying the move was due to quality issues, which would have meant those targets would have been effectively impossible to hit.

United States, Delaware

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