Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Games > Electro...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 19, 2013
Electronic Arts Chief Stepped Down


Electronic Arts on Monday announced that chief executive John Riccitiello is stepping down and that the US videogame giant would make less money than initially expected this quarter.

Electronic Arts 's board has appointed Larry Probst as Executive Chairman to ensure a smooth transition and to lead EA's executive team while the company's board conducts a search for a permanent CEO.

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 EA'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."

Mr. Riccitiello stated, "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."

EA expects that its revenues and earnings per share for the current quarter will be at the low end of, or slightly below previously issued guidance released by the company January 30, 2013.

EA will announce its fourth quarter and fiscal year 2013 results on May 7, 2013.


Previous
Next
ARM Chief Retires        All News        Rovi, LG Electronics Enter License Agreement
Xbox 'Durango' XDK Leak Confirms An "Always Connected" Console     Games News      SimCity Players To Get A Free EA Game

Get RSS feed Easy Print E-Mail this Message

Related News
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Android Wear Updated To Lollipop
TEAC Unwraps Reference 101 series Amplifier
Samsung Gear VR Innovator Edition Now Available
New Seagate NAS HDD Solutions For Small And Medium Businesses
TEAC SL-D800BT Fuses Vintage Style With Today's Audio Tech
Moto 360 leads The First Wave of Android Wear Devices
Mozilla Launches Web Site to Help Bring Virtual Reality to the Web
Samsung Introduces Gear VR Innovator Edition, 3D capturing Project, New Advanced S Pen, SIMBAND Fitness Wearable
EA Sports Fifa World Launches a New Gameplay Engine
Seagate Shifts Economics of Cloud Computing With New 4TB Kinect HDD
Samsung Brings Gear S to U.S. Next Week

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .