John Riccitiello, who was at the helm of video game publisher Electronic Arts as it tried to navigate major shifts in the industry, will step down as CEO on March 30. Chairman Larry Probst, EA’s CEO when Riccitiello took over in 2007, will serve as the company’s executive chairman and temporary leader while it searches for a new chief executive. Riccitiello said it was time for new leadership to guide EA into an era of innovation and growth. He acknowledged his “shortcomings,” claiming he was “100 percent accountable” for earnings coming in below expectations.
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Riccitiello Booted as EA Reboots
Posted by: Rachelle Dragani March 19, 2013 11:32 AMJohn Riccitiello, who was at the helm of video game publisher Electronic Arts as it tried to navigate major shifts in the industry, will step down as CEO on March 30. Chairman Larry Probst, EA’s CEO when Riccitiello took over in 2007, will serve as the company’s executive chairman and temporary leader while it searches for a new chief executive. Riccitiello said it was time for new leadership to guide EA into an era of innovation and growth. He acknowledged his “shortcomings,” claiming he was “100 percent accountable” for earnings coming in below expectations.