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[EA] EA CEO John Riccitiello Steps Down - Electronic Arts Announces Change in Executive Leadership

post #1 of 46
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Quote:
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Electronic Arts Inc. (NASDAQ: EA) today announced that John Riccitiello will step down as Chief Executive Officer and as a member of the Board of Directors, effective March 30. The Board has appointed Larry Probst as Executive Chairman to ensure a smooth transition and to lead EA's executive team while the Board conducts a search for a permanent CEO. The Board will consider internal and external candidates with the assistance of a leading executive search firm.

http://investor.ea.com/releasedetail.cfm?ReleaseID=749234

Edit: Updated to link directly to EA Investor Press Release which has more detailed information.
Edited by zinfinion - 3/18/13 at 1:18pm
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post #2 of 46
I doubt this will change anything when it comes to EA but one can always hope I guess.
 
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post #3 of 46
probably for the best ....
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post #4 of 46
HA. Good. thumb.gif Now maaaaaybe things can start to improve... rolleyes.gif
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post #5 of 46
Lots of things have to change at EA for me to ever consider buying a game.

It's ironic how much I hated Ubisoft and loved EA some years ago. Now they're shifting places. In fact, I'm starting to quite love Ubi about their current positions in DRM, and how are they treating the PC players.
   
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post #6 of 46
Because that will totally fix everything rolleyes.gif


Corporate response to negative feeling about the company is to fire the guy in charge, usually with a very generous severance package, and put a clone in his place. "Oh look, we have fixed the problem" they say. Then continue doing the same thing.

Note that I am not just talking about EA here, it happens in lots of companies.
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post #7 of 46
that's doesn't change anything.. it's been a trend way before John takes the seat
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post #8 of 46
That was...unexpected. Wonder how stock will be affected by this?
post #9 of 46
don't rejoice, Larry Probst was more evil than any other evil gaming exec out there. you could say he's Palpatine and Riccitiello is Vader. if you're expecting any change, set your expectations correctly and expect a change for the worse.

btw: this is the second or third time these two have flipped leadership of EA amidst controversy.
Edited by FLCLimax - 3/18/13 at 1:22pm
post #10 of 46
corporate tactical move.

he will get paid $$$$$$$$ pat on the back. drive his Ferrari to the yacht.



but then he doesn't realise he is actually really small and in a Simcity himself muahahaha and I crush him with big tower block fist guitar.gif
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