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Riccitiello No Longer CEO of EA
Filed under: EA, JOHN RICCITIELLO

EA's John Riccitiello has stepped down from his position at one of the biggest corporations in the video games industry.

Here's what Riccitiello said in a letter to all company employees: "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."

Larry Probst currently executive chairman while the company finds a replacement. According to EA, Probst was chairman since 1994 and has already been CEO from (1991-2007).

"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," Probst said.

Oh, and just wanted to post a photograph of John Riccitiello, but unfortunately I seem to have exhausted my supply of sexy pics of Riccitiello, so it's better to leave this post without images of any kind. And in any case you've probably seen most of them - like this one, for example.



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6 post(s)
Reader Comments
LostPcGamer Mar 19 2013, 07:58 am EDT
The writing was on the wall since DA 2. Since 2010 many of EA’s headlining games debuted to either critical derision, poor sales, or poor management.

The handling of Bioware and the Mass Effect 3 conclusion debacle. EA’s feud with Steam and unsatisfactory handling of their own service, their failure to make sense in the mobile game space, a vow to tuck in micro transactions into every game, their disastrous SimCity launch.

Also lets not forget Crysis 3 and Deadspace 3 there sales were not explosive either. When the rain came, it poured.

His successor now has a long hard road in front of them. I don't think anyone can fix the company at this point.
Vader [STAFF] Mar 19 2013, 08:07 am EDT
I don't think anyone wants to fix the company at all. It's making money out of recycled ideas. However, it can't go on forever. They are running out of franchises.
  Cheddar: 'Running out of franchises'? 'Can't be fixed'? What…
Cheddar Mar 19 2013, 02:43 pm EDT
1.) Origin


And... the list can literally just stop there.
Cheddar Mar 19 2013, 02:48 pm EDT
That being said, you two are being really melodramatic. It was a disappointing fiscal year for a juggernaut... but they're still no less a juggernaut.

Let me know when Madden or Battlefield (or The Sims, or FIFA... I could go on) stops raking in money. THEN maybe one can doomsay regarding EA without seeming completely silly.

Even in a down year, EA still rolls in filthy lucre like a pig in shit. But there was slightly less lucre in 2012 than they've become accustomed to, so the CEO gets axed. Such is the business.
  LostPcGamer: No i was stating the facts. Love how you always say t…
Reikhardt: I was going to make a similar post Cheddar. A bad yea…
barasawa Mar 19 2013, 03:09 pm EDT
Of course gamers are still sad for what EA did to some of their favorite games and studios, and as such, find John stepping down as opposed to off of a cliff, a bit of a let down.
  RenegadeCZ: Did to the studios? Man, the devs come to the publish…
Terminator Mar 19 2013, 05:26 pm EDT
Good riddance John Riccetiello!
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