EA CEO John Riccitiello Steps Down
"We appreciate John's leadership and the many important strategic initiatives he has driven for the Company," Probst said. "We have mutually agreed that this is the right time for a leadership transition."
Riccitiello addressed his departure directly in a blog. "My decision to leave EA is really all about my accountability for the shortcomings in our financial results this year," he said. "It currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued to the Street, and we have fallen short of the internal operating plan we set one year ago. And for that, I am 100 percent accountable."
EA's earnings have been on the decline, and the company recently faced numerous layoffs as well.
In a press release statement, Riccitiello said, ""EA is an outstanding company with creative and talented employees, and it has been an honor to serve as the Company's CEO. I am proud of what we have accomplished together, and after six years I feel it is the right time for me pass the baton and let new leadership take the Company into its next phase of innovation and growth. I remain very optimistic about EA's future — there is a world class team driving the Company's transition to the next generation of game consoles."
Posted:
Related Forum: Gaming Discussion
Source: http://www.ign.com/articles/2013/03/18/ea-ceo-john-riccitiello-steps-down
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Comments
MultitaskPosted:
Undisclosed He looks sad in that picture.
I always rmemebr playing madden on the original Xbox and I think the sales were actually pretty good. Maybe with battlefield 4 it can pick back up again.
well sucks for him he wont be getting any of that /:
MultitaskPosted:
MayaiHTML I was a little shocked when i saw this
Tbh i was a little too
Why were you guys shocked ?
sucks that he quits he could of made lots of money.
Soldier_Posted:
Undisclosed He looks sad in that picture.
I always rmemebr playing madden on the original Xbox and I think the sales were actually pretty good. Maybe with battlefield 4 it can pick back up again.
Yeah maybe.
undisclosedPosted:
He looks sad in that picture.
I always rmemebr playing madden on the original Xbox and I think the sales were actually pretty good. Maybe with battlefield 4 it can pick back up again.
I always rmemebr playing madden on the original Xbox and I think the sales were actually pretty good. Maybe with battlefield 4 it can pick back up again.
Soldier_Posted:
Relations I hope they make better servers, it crashes alot to be honest. At least once a week over here in Belgium :/
Wow that sucks.
Soldier_Posted:
EvolRelations I hope they make better servers, it crashes alot to be honest. At least once a week over here in Belgium :/
yea i think they are working on better servers :0
if they are not they should :D
Yeah they should.
MultitaskPosted:
Relations I hope they make better servers, it crashes alot to be honest. At least once a week over here in Belgium :/
yea i think they are working on better servers :0
if they are not they should :D
MultitaskPosted:
Moiros Do you think they would let a 16 year old take the job cause I might be interested...(;
lol nope you got to be experienced to get a job like that :D
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