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NGmoco co-founders Neil Young and Bob Stevenson step down from mobile games studio

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No, not that Neil Young

NGmoco co-founder and CEO Neil Young and fellow co-founder Bob Stevenson have stepped down from their respective roles at the mobile games studio, owner DeNA announced.

Replacing Young as CEO is former head of studios Clive Downie, who previously worked as VP of marketing for EA as part of his 15 year career with the company.

"We couldn't be happier that Clive, our long time colleague and friend is taking the reins of the Western business by becoming the new CEO," said Young in a written statement. "Our confidence in Clive and the momentum of DeNA's business in the West makes this the right moment for us to move on to our next adventure."

Young will continue to serve on the company's board of directors.

Japanese mobile gaming giant DeNA bought the North American developer for roughly $403 million in 2010. The deal was part of DeNA's push to break into foreign markets. NGmoco is best known for kingdom-building game We Rule.