Follow Us
    
 

Electronic Arts CEO resigns

by Stephanie Duchenne (Panda McBearface)  Posted Tuesday, March 19, 2013 1:57:05 PM

Hit
 
0
 
 

  ea-logo-blue-723x250.jpg

John Riccitiello, chief executive officer at Electronic Arts, will be resigning from his position at the games publisher effective 30th March 2013. He will also no longer sit on the publisher’s board of directors. He has been CEO of EA for 6 years.

EACEO.jpg

John Riccitiello

Why did he leave? Luckily because of the internet I can reproduce snippets of his resignation letter for you here:

This is a tough decision, but it all comes down to accountability. The progress EA has made on transitioning to digital games and services is something I’m extremely proud of. However, it currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued in January, and we have fallen short of the internal operating plan we set one year ago. EA’s shareholders and employees expect better and I am accountable for the miss…I’m extremely honored to have led this company and proud to have worked with all the great people at Electronic Arts.

And because we know how we all have to make an enormous public display of affection when someone gets kicked to the curb (even though it was apparently Riccitiello himself who chose to leap towards the pavement), EA issued the following statement:

We thank John for his contributions to EA since he was appointed CEO in 2007, especially the passion, dedication and energy he brought to the Company every single day," Probst said in a statement. "John has worked hard to lead the Company through challenging transitions in our industry, and was instrumental in driving our very significant growth in digital revenues. We appreciate John's leadership and the many important strategic initiatives he has driven for the Company. We have mutually agreed that this is the right time for a leadership transition.

I don’t know about you, but what I read there is “SimCity was an enormous fail and somebody had to take the fall.”

hosted2.ap.org.jpg

Larry Probst

EA executive Larry Probst has been assigned the task of finding Riccitiello’s replacement. More news about that when there is some.

Source: Gamespot

 

Stephanie's Twitter / MWEB Gamezone Twitter | Facebook

Other News from around the Net:


Please note that the opinions expressed in this article are those of the author and not MWEB Connect (Pty) Ltd



Gallery

ea-logo-blue-723x250.jpg  EACEO.jpg  hosted2.ap.org.jpg 

Share This Article


 
comments powered by Disqus
Survey
 
Vote for your favourite August Game Release
View all releases










Submit Survey  View Results

1. The Last of Us: Remastered
Platform: PS4
Now R599

2. The Sims 4: Limited Edition
Brand: Electronic Arts
Now R479

3. FIFA 15
Brand: Electronic Arts
Now R649

4. Destiny: Vanguard Edition [First 300 Pre-Orders Only]
Brand: Activision/Blizzard
Now R699

5. FIFA 15 Ultimate Team Edition
Brand: Electronic Arts
Now R729

Kalahari.com
 

1. BigBen PS Vita™ Slim Protection Kit
Brand: BigBen Interactive
Now R168

2. Zumba World Party
Brand: 505Games
Now R659

3. Wolfenstein: The New Order
Brand: Bethesda
Now R679

4. Destiny: Vanguard Edition [First 100 Pre-Orders Only]
Brand: Activision/Blizzard
Now R649

5. Sonic Boom: Shattered Crystal
Brand: Nintendo
Now R552

Kalahari.com