EA CEO steps down

Posted on Monday, March 18 2013 @ 21:51 CET by Thomas De Maesschalck
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Kotaku writes EA CEO John Riccitiello is stepping down from his position. In a letter written by Riccitiello to EA, he claims his decision to leave EA is all about his "accountability for the shortcomings in our financial results this year". There's no mention of the SimCity fiasco, but that was probably the final nail in the coffin.
John Riccitiello, CEO of game publisher Electronic Arts, is stepping down from his position. Former EA CEO and board chairman Larry Probst will take over while the board searches for a new replacement, EA said.

Riccitiello, who was first hired as CEO of the massive publisher in 2007, has faced criticism from investors and fans over the past few years as Electronic Arts has gone through all sorts of financial difficulties. In December, Riccitiello was listed as one of "eight CEOS to fire in 2013" by the blog 24/7 Wall Street.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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