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John Riccitiello Leaving EA

John Riccitiello is stepping down from his post as EA CEO effective March 30th, reports Polygon, saying he will be replaced on an interim day-to-day basis by Riccitiello's predecessor Larry Probst as they hunt for a permanent replacement. They have a copy of his resignation letter to the board, which suggests by its tone was requested. "This is a tough decision, but it all comes down to accountability," Riccitiello resignation letter reads. "The progress EA has made on transitioning to digital games and services is something I'm extremely proud of. However, it currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued in January, and we have fallen short of the internal operating plan we set one year ago. EA's shareholders and employees expect better and I am accountable for the miss."

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61. Re: John Riccitiello Leaving EA Mar 19, 2013, 04:37 Dev
 
Quboid wrote on Mar 18, 2013, 18:51:
Perhaps it's yet to make it's mark; hopefully when SimCity's sales figures are released they will be well below expectations and the share price will then be hit.
Yeah, I highly doubt simcity had anything to do with this. Simcity only just came out, his leaving has likely been in the works for a while.

Also, its unlikely that simcity sold poorly. Its been selling too well (apparently no one bothered to check pre-order numbers before counting servers) that caused much of their problems. On bluesnews alone, you have several people who bought it, despite everything known beforehand. Now think about clueless people who hear the name "simcity" and run out to buy it on that alone.
 
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