Tuesday, March 19, 2013

EA's CEO taken offline due to server issues

Electronic Arts announced today that John Riccitiello will step down as chief executive officer and as a member of the Board of Directors effective March 30.

"This is a tough decision, but it all comes down to accountability," Riccitiello wrote in his resignation letter to the board. "The progress EA has made on transitioning to digital games and services is something I'm extremely proud of. However, it currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued in January, and we have fallen short of the internal operating plan we set one year ago. EA's shareholders and employees expect better and I am accountable for the miss."