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EA CEO John Riccitiello Steps Down, No Replacement Yet

By - Source: EA

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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There are 37 Comments.
Top Comments
  • 27
    s3anister , March 19, 2013 9:41 PM
    Here's to hoping EA gets better and not worse after a new CEO is appointed.
  • 28
    jkflipflop98 , March 19, 2013 9:49 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
    proxy711 , March 19, 2013 9:51 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.
  • 14
    wysir , March 19, 2013 9:52 PM
    It will take some moves from a new CEO to get back into gamers' good graces.
  • 20
    Stimpack , March 19, 2013 9:52 PM
    Sir, I'm going to have to ask that you take your large sacks of money and leave the building.
  • 11
    Memnarchon , March 19, 2013 10:05 PM
    Do we have Xmas today? At last some good news from the gaming industry!...
  • 10
    omnimodis78 , March 19, 2013 10:07 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!
  • 15
    edogawa , March 19, 2013 10:18 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
    internetlad , March 19, 2013 10:19 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
    tpi2007 , March 19, 2013 10:26 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.
  • 15
    skit75 , March 19, 2013 11:33 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.
Other Comments
  • 28
    jkflipflop98 , March 19, 2013 9:49 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
    s3anister , March 19, 2013 9:41 PM
    Here's to hoping EA gets better and not worse after a new CEO is appointed.
  • 20
    Stimpack , March 19, 2013 9:52 PM
    Sir, I'm going to have to ask that you take your large sacks of money and leave the building.
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