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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.

18. Re: EA Shakeup Rumor Jul 11, 2012, 20:28 ASeven
killer_roach wrote on Jul 11, 2012, 20:03:
ASeven wrote on Jul 11, 2012, 19:59:
After this something tells me that Pachter will start to hear a lot less insider info from EA. Not to mention he made a cardinal sin for an analyst by saying that, he knows markets react wildly to even the slightest of rumor let alone leaking out a personal discussion with a potential for tremendous repercussions.

Holy crap Pachter, not only you're an unreliable, manipulative son of a bitch you're also a fucking incompetent by being the vehicle of this leak. Why Ricitiello didn't fire him on the spot after learning of a private talk getting public by means of the own analyst EA hires is beyond me. Serious ethical breach here and also a serious professional breach as well.

Pachter doesn't work for EA, although it's very likely that he burned some bridges there. Then again, if it is Moore that takes over, that might be water under the bridge, as I don't think he'd be particularly upset that a loose-lipped analyst forced EA's hand in dumping Riccitiello.

Pachter is their consultant, I believe, at least he mentions EA in his client portfolio, hence he could very well be fired. However I agree with you, if Moore becomes CEO Pachter will be in the good graces of EA again. I also agree with some here, Moore won't make much of a difference at this point, he'll probably run EA as it was ran up to now.
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    Date Subject Author
  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
  27. Jul 11, 22:19 Re: EA Shakeup Rumor Silicon Avatar

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