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EA CEO John Riccitiello Steps Down, No Replacement Yet

By - Source: EA | B 37 comments

No one to fill Riccitiello's shoes just yet.

Gaming company Electronic Arts has announced that CEO John Riccitiello will step down at the end of this month. It's not clear whether Riccitiello is retiring or leaving for another opportunity, but EA has not yet found a replacement CEO. The company says Larry Probst has been appointed Executive Chairman to ensure a smooth transition and he will lead EA's executive team while the Board conducts a search for a permanent CEO.

"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," said Probst. "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."

Probst has been at EA since 1991 and has been Chairman of the Board since 1994. The company says the search for a CEO will include both external and internal candidates, so get to work on that resume!

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Top Comments
  • 28 Hide
    jkflipflop98 , March 19, 2013 2:49 PM
    Here's to hoping they hire a gamer to run their gaming company instead of another accountant who's depth of knowledge consists of "I like Super Mario!".
  • 27 Hide
    s3anister , March 19, 2013 2:41 PM
    Here's to hoping EA gets better and not worse after a new CEO is appointed.
  • 20 Hide
    Stimpack , March 19, 2013 2:52 PM
    Sir, I'm going to have to ask that you take your large sacks of money and leave the building.
Other Comments
    Display all 37 comments.
  • 27 Hide
    s3anister , March 19, 2013 2:41 PM
    Here's to hoping EA gets better and not worse after a new CEO is appointed.
  • 28 Hide
    jkflipflop98 , March 19, 2013 2:49 PM
    Here's to hoping they hire a gamer to run their gaming company instead of another accountant who's depth of knowledge consists of "I like Super Mario!".
  • 12 Hide
    proxy711 , March 19, 2013 2:51 PM
    Quote:
    t's not clear whether Riccitiello is retiring or leaving for another opportunity, but EA has not yet found a replacement CEO.

    Ya he has moved on to a great opportunity called unemployment.
  • 5 Hide
    jhansonxi , March 19, 2013 2:51 PM
    Quote:
    No one to fill Riccitiello's shoes just yet.

    I would suggest Alfred E. Neuman unless he is already leading a Wall St. investment firm.
  • 14 Hide
    wysir , March 19, 2013 2:52 PM
    It will take some moves from a new CEO to get back into gamers' good graces.
  • 20 Hide
    Stimpack , March 19, 2013 2:52 PM
    Sir, I'm going to have to ask that you take your large sacks of money and leave the building.
  • 11 Hide
    Memnarchon , March 19, 2013 3:05 PM
    Do we have Xmas today? At last some good news from the gaming industry!...
  • 10 Hide
    omnimodis78 , March 19, 2013 3:07 PM
    Is anyone else tired of these lame, phony, rubber-stamp style corporate "thank you and farewell" letters put out for PR purposes? Of course they won't state that he was good at A but sucked at B. And he sucked at B big time!
  • 9 Hide
    internetlad , March 19, 2013 3:16 PM
    Honestly, if EA hires somebody who isn't a money-grubbing dinosaur, somebody who has passion and respect for both games and the industry, this could sway well in favour of gamers the world over. . . or at least, everywhere outside of china and australia.

    Who am I kidding, bracing for Call of Duty rehash 2013, 2014, 2015, et al.
  • 15 Hide
    edogawa , March 19, 2013 3:18 PM
    I'll take the job...

    My first order is to fire anyone who thinks single player DRM is a good idea, then I will make all games available on Steam too.
  • 11 Hide
    internetlad , March 19, 2013 3:19 PM
    Quote:
    and was instrumental in driving our very significant growth in digital revenues.


    So he's the asshole who pulled every single newish EA game from steam and made them origin exclusives? His "very significant growth" lost him my revenue in the form of a good number of those titles, including but not limited to Crysis 2/3, BattleField 3 and SimCity.
  • 12 Hide
    tpi2007 , March 19, 2013 3:26 PM
    Jane: this is very poor reporting by Tom's Hardware, there isn't a single line explaining why he left.

    Here is the official statement: http://investor.ea.com/releasedetail.cfm?ReleaseID=749234

    Even if you base the article on the above source alone, you could have mentioned the part where press release talks about the "Business Outlook".

    Here you can find the letter he sent to EA: http://kotaku.com/5991181/ea-ceo-john-riccitiello-steps-down


    In that letter he makes everything that was already in the "Business Outlook" section of the press release clear. In essence, EA has been losing money for a long time and he takes accountability for that:

    Quote:
    My decision to leave EA is really all about my accountability for the shortcomings in our financial results this year. 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.
  • 0 Hide
    f-14 , March 19, 2013 3:29 PM
    what do you want to be Riccitiello will be gunning for Ballmers job or head up apple, i think more likely apple since all the DLC ICR and DMA runs right up iTard alley
  • 7 Hide
    spartanmk2 , March 19, 2013 3:52 PM
    Now if only we can keep up this kind of pressure on EA to reform some more...
  • 7 Hide
    adgjlsfhk , March 19, 2013 3:54 PM
    Sim city anyone?
  • 9 Hide
    Matt34533 , March 19, 2013 4:06 PM
    Happy birthday to me! This is my best present of all, now maybe EA can cut the crap and start making quality games with minimal DRM again.
  • 15 Hide
    skit75 , March 19, 2013 4:33 PM
    Matt34533Happy birthday to me! This is my best present of all, now maybe EA can cut the crap and start making quality games with minimal DRM again.


    I remember playing D&D Forgotten realms on my 386. DRM at the time consisted of: Turn to page 17 of the manual and type the 4th word in the second paragraph.... Thank you for choosing our product.
  • 6 Hide
    lionheart2243 , March 19, 2013 4:42 PM
    Drinks all around
  • 9 Hide
    A Bad Day , March 19, 2013 4:50 PM
    s3anisterHere's to hoping EA gets better and not worse after a new CEO is appointed.


    "Is he from Harvard?"

    "No"

    "Yale?"

    "No"

    "Any of the top business schools?"

    "Nope. Just a gamer with a business and accounting degree in a small university. Everything looks great but his education source."

    "Then he's not qualified to replace John!"
  • 1 Hide
    Matt34533 , March 19, 2013 4:52 PM
    skit75I remember playing D&D Forgotten realms on my 386. DRM at the time consisted of: Turn to page 17 of the manual and type the 4th word in the second paragraph.... Thank you for choosing our product.


    That sounds very nice, sadly I haven't been around long enough to experience that kind of DRM.
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