| Runescape Bits & Bytes https://www.rsbandb.com/forums/ |
|
| EA CEO steps down https://www.rsbandb.com/forums/viewtopic.php?f=98&t=84474 |
Page 1 of 1 |
| Author: | trekkie [ March 18th, 2013, 5:28 pm ] |
| Post subject: | EA CEO steps down |
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Electronic Arts Inc. (NASDAQ: EA) today announced that John Riccitiello will step down as Chief Executive Officer and as a member of the Board of Directors, effective March 30. The Board has appointed Larry Probst as Executive Chairman to ensure a smooth transition and to lead EA's executive team while the Board conducts a search for a permanent CEO. The Board will consider internal and external candidates with the assistance of a leading executive search firm. Mr. Probst has played a leadership role at EA since 1991. In addition to serving as Chairman of the Board since 1994, he previously served as the Company's CEO from 1991 to 2007. As CEO, Probst successfully grew the Company's annual revenues from $175 million to approximately $3 billion, led EA into new platforms such as mobile, online and other emerging markets and expanded its international presence to more than 75 countries. "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 Mr. 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." On behalf of the Board, Lead Director Richard A. Simonson stated, "As we begin the CEO search, we are fortunate that Larry, who has a proven track record with our employees, partners and customers, has agreed to assume a day-to-day leadership role as Executive Chairman. He has 16 years of experience as CEO of EA and a deep understanding of the Company's strategy, management team, business potential and industry trends." http://investor.ea.com/releasedetail.cfm?ReleaseID=749234 Maybe this move will make EA a better gaming company??? beats me. |
|
| Author: | Adbot [ March 18th, 2013, 5:28 pm ] |
| Post subject: | Register and login to get these in-post ads to disappear |
| Author: | Duke Juker [ March 18th, 2013, 6:57 pm ] |
| Post subject: | Re: EA CEO steps down |
We'll see how it all turns out and what direction EA goes from here. Wonder why he stepped down. Maybe internal pressure? Or maybe just simply retirement? Regardless, I'm sure he has plenty of money to live comfortably for the rest of his life. |
|
| Author: | Augmented Human [ April 27th, 2013, 11:04 pm ] |
| Post subject: | Re: EA CEO steps down |
maybe EA wont mess up every game they look at now. |
|
| Author: | blethorskite [ April 28th, 2013, 1:15 am ] |
| Post subject: | Re: EA CEO steps down |
Augmented Human wrote: maybe EA wont mess up every game they look at now. More likely the new person will get the job because of promises to revitalize EA through innovate change. Of course, it's not likely to be the change everyone will appreciate and not necessarily necessary. |
|
| Author: | Xbladez [ May 6th, 2013, 6:09 am ] |
| Post subject: | Re: EA CEO steps down |
Augmented Human wrote: maybe EA wont mess up every game they look at now. I wouldn't bet on that. EA has always butchered games when it takes them over, even long before this CEO took over the reigns. |
|
| Page 1 of 1 | All times are UTC - 7 hours |
| Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/ |
|