EA will be seeing a change in leadership on March 30th as six-year CEO John Riccitiello is stepping down. While positioning EA as a digital service powerhouse and launching Steam’s only proper rival in Origin, Riccitiello has presided over some large profile fiascos, including the ridiculously expensive and disappointing Star Wars Old Republic, shuttering Pandemic and the recent disastrous launch of SimCity.
EA stock has also seen a rise of 2.89% following the announcement. “We thank John for his contributions to EA since he was appointed CEO in 2007, especially the passion, dedication and energy he brought to the company every single day,” interim CEO Larry Probst said. “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.”
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