If you didn’t have 2 hours to sit through the entire live producer letter that was done on the ‘Final Fantasy XIV: A Realm Reborn’ YouTube channel, then you can catch up on all of the details that were announced.
Current President Wada held a short pre-recorded video at the beginning of the live producer letter. In the video Wada stated, “I’m sure some of you have heard, I will be stepping down as President. Thank you for your support all these years.” Wada followed up by saying, “To be quite frank, as a businessman I haven’t been performing as well as I should. In order to address our current situation, we’ve had to make many difficult decisions.” In the end he said goodbye with, “We felt this change of leadership was a necessary part of the process. Although I will no longer be president, I’m confident the company will press on and thrive in my absense.” As for the new president, Yoshida states later in the video that “the new president seems to be a gamer as well.” Foxclon follows up with, “I wonder what he’ll be like.” Indicating the two may not have met at this point.