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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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62. Re: John Riccitiello Leaving EA Mar 19, 2013, 04:43 Dev
Silicon Avatar wrote on Mar 18, 2013, 20:01:
EA actually has a lot of good properties that they are sitting on. I wish they would get an awesome CEO and turn things around.
Redmask wrote on Mar 18, 2013, 20:12:
Why can't a company make money by giving it what its consumers want? Gaming companies thrived doing this for decades before publishers decided to turn themselves into conglomerates. They didn't have to make every game sell like Call of Duty or have a marketing campaign that involved the Superbowl.
Why? Because the IP they are sitting on isn't CoD or BF.
Why? Because its not as much money as they think they can make. If they think they can make $5 million by doing dungeon lords 2, then they think they can make $500 million by doing DA3, which one do you think they are going to do? Sure they can make money by doing things like we see happening at kickstarter, but to them, thats peanuts. If EA were really going to change, we'd have seen it already. KS success is showing them the amount of money thats out there for things like that, and they DO NOT CARE.
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