Epic Games president Mike Capps announced he's retiring from the company after 10 years. Capps says he's transitioning into an advisory role and will remain on the Epic board of directors.

This marks the fourth major departure from the company in the last few months. Cliff Bleszinski left Epic this past October while producer Rod Fergusson and People Can Fly creative director Adrian Chmielarz left in August.

Below is Capps' statement posted on Epic's website:

It’s hard to believe I’m writing these words, but here goes! After 10 crazy and wonderful years, I’m handing off my current presidential duties at Epic, and transitioning into an advisory role as well as remaining on the Epic board of directors.

If you haven’t heard, I have a baby boy on the way. I’m fortunate that with Epic’s success and generosity, I can be a stay at home dad for a while. My wife Julianne and I are very happy in Raleigh, and other than cleaning up baby barf, I don’t have much planned. I might do some teaching, spend more time on creative writing, and maybe get more active with a few charities.

After dedicating a decade of my life to Epic, and with so many close friends here, it’s impossible to just walk away. I absolutely love this company. If you cut me, I think I probably bleed nanoblack and Imulsion. (Wow, just think about what mixing those would do…) Epic founder and CEO Tim Sweeney and other board members asked me to stay on the board, and I’m thrilled to do so as I’m truly excited about our future games and Unreal Engine 4.

As I mentioned above, I’ll continue to be available as a resource to Epic, to provide context or advice where I can. Whatever I can do to help in Epic’s success, I’m in! I’ve got great confidence in our executive team – VP of Development Paul Meegan is new to our Raleigh HQ, but we’ve worked with him for years, and I can only contemplate this retirement knowing that he and VP of Operations John Farnsworth can manage development better than I ever did.

Our partners and customers can reach me anytime on my Epic email address, and I’ll still be posting the occasional foodie and gamer musings on @epicactual. As a member of the board, I’ll help keep the ship pointed directly towards Na Pali, and make sure that everything we do is Epic.

[Source: Epic Games]