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
OdinPosted:
Brad- If they bought some better servers, maybe they would make more money! The EA servers are absolutely abysmal and really do put you off of buying EA games!
Yeah even BF3 has a bunch of server issues!
BradPosted:
If they bought some better servers, maybe they would make more money! The EA servers are absolutely abysmal and really do put you off of buying EA games!
FavismPosted:
hmmm EA would be a decent company if they took time and money to make there servers playable
MTVPosted:
VaasTeh He would probably ask join back when EA makes **** loads of money
Yeah agreed, that's just wrong.
Wow that's just so bad. He only in it for the money
StarifyPosted:
InFecteD-TaCo Hopefully they will stop making us pay for online passes
It forces a lot of people to buy the new game, because the online pass comes with it. That is a good marketing strategy to be honest. They are still probably going to do everything they did in the past, even with a new CEO.
TristanaPosted:
Teh He would probably ask join back when EA makes **** loads of money
Yeah agreed, that's just wrong.
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