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EA Shakeup Rumor

GameFront reports a rumor that John Riccitiello may be asked to step down as EA CEO soon after the company's July 30th earnings call, to be replaced by Peter Moore, currently EA COO. They say their anonymous source indicates that this still needs to be voted on, and is not set in stone, but that there is a general feeling of tension at the company amid falling share prices. Just yesterday GamesIndustry International noted comments from Wedbush Securities analyst Michael Pachter saying that Riccitiello is worried about getting fired, which Pachter later clarified as "kidding." Thanks Joao and VG247.

3. Re: EA Shakeup Rumor Jul 11, 2012, 19:19 killer_roach
Wouldn't come as a surprise to me. EA is still profitable, but earnings have been moving in the wrong direction for a couple of years now and they face considerable downmarket pressures. It wouldn't come as much of a surprise if Riccitiello was asked to fall on his sword and get someone else in charge.

On the bright side for EA, some of those downmarket threats (most notably Zynga) are starting to flail about in search of earnings growth and are becoming victims of their own overly aggressive strategies. It's looking more and more like the middle ground is becoming increasingly perilous for players in the field, and we may see gaming end up with a corporate structure not unlike film, with a handful of large, risk averse players at the top and a series of small, agile, and largely ephemeral players on the periphery of the market, taking advantage of emerging trends that the major names can't afford to risk getting into themselves at the time being.
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  1. Jul 11, 19:16 Re: EA Shakeup Rumor baltar
  2. Jul 11, 19:17 Re: EA Shakeup Rumor Saboth
>> 3. Jul 11, 19:19 Re: EA Shakeup Rumor killer_roach
  4. Jul 11, 19:21 Re: EA Shakeup Rumor SimplyMonk
  5. Jul 11, 19:22 Re: EA Shakeup Rumor Bhruic
  6. Jul 11, 19:23 Re: EA Shakeup Rumor wtf_man
  7. Jul 11, 19:53  Re: EA Shakeup Rumor coolkev99
  8. Jul 11, 19:55   Re: EA Shakeup Rumor nin
  10. Jul 11, 19:59    Re: EA Shakeup Rumor ASeven
  11. Jul 11, 20:03     Re: EA Shakeup Rumor killer_roach
  18. Jul 11, 20:28      Re: EA Shakeup Rumor ASeven
  9. Jul 11, 19:56   Re: EA Shakeup Rumor ASeven
  12. Jul 11, 20:03 Re: EA Shakeup Rumor deqer
  13. Jul 11, 20:04  Re: EA Shakeup Rumor killer_roach
  16. Jul 11, 20:17   Re: EA Shakeup Rumor Dev
  14. Jul 11, 20:05 Re: EA Shakeup Rumor DangerDog
  15. Jul 11, 20:14  Re: EA Shakeup Rumor nin
  17. Jul 11, 20:20   Re: EA Shakeup Rumor Prez
  19. Jul 11, 20:28 Re: EA Shakeup Rumor RailWizard
  24. Jul 11, 21:37  Re: EA Shakeup Rumor Dades
  25. Jul 11, 21:49   Re: EA Shakeup Rumor Beamer
  20. Jul 11, 20:38 Re: EA Shakeup Rumor Mashiki Amiketo
  21. Jul 11, 20:50  Re: EA Shakeup Rumor ASeven
  22. Jul 11, 21:00   Re: EA Shakeup Rumor Mashiki Amiketo
  23. Jul 11, 21:08  Re: EA Shakeup Rumor CJ_Parker
  28. Jul 11, 22:55   Re: EA Shakeup Rumor Mashiki Amiketo
  30. Jul 12, 07:04    Re: EA Shakeup Rumor CJ_Parker
  31. Jul 12, 11:40     Re: EA Shakeup Rumor Mashiki Amiketo
  29. Jul 12, 03:38   Re: EA Shakeup Rumor Devinoch
  26. Jul 11, 21:54 Re: EA Shakeup Rumor Mr. Tact
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