EA CEO Resigns

[Bagnaj97]

John Riccitello has stepped down as CEO of EA. Presumably due to the Simcity debacle? It'll be interesting to see who ends up in the role...

http://investor.ea.com/releasedetail...leaseID=749234

[chuckskull]

Heh, as if EA could keep it to just one debacle at a time. http://arstechnica.com/security/2013...ck-player-pcs/

His Farewell etc http://blogs.wsj.com/digits/2013/03/...rewell-letter/

Lost more than half their stock price since he became CEO, so think this has been on the cards for a while. One more flurry of bad press was enough to make him jump maybe.

[kalniel]

Yeah it's the poor financials. Anyone who claims these big companies are making huge profits needs to look again.

[shaithis]

Yeah it's the poor financials. Anyone who claims these big companies are making huge profits needs to look again.

As had been said before.....they are making huge amounts of money on some items and then squandering it away on poor releases, expenses and huge managerial salaries.