On the other hand, FromSoftware, creators of games such as dark souls, bloodborne, and elden ring, placed their main director as CEO. He still directs their main games, and admits to focus more on games than on business.
The trend has been they focus on quality, rarely compromising their vision, which started as niche gameplay ideas that are now a new genre, adopted in many new games. And the effect has been that they got a reputation for quality, and sell more and more games with each new release, with elden ring selling like 36M copies.
FromSoft has less than 500 employees. They are a big studio, but still a studio. They are not a publisher with a large portfolio like EA or Activision, MS, etc. Different business, different governance. FromSoft is owned by kadokawa, who's current CEO is an MBA dude.
FromSoftware is an order of magnitude smaller than the giants of the industry, and don't need to fund the development of multiple AAA games per year.