"EA is an outstanding company with creative and talented employees, and it has been an honor to serve as the Company's CEO. I am proud of what we have accomplished together, and after six years I feel it is the right time for me pass the baton and let new leadership take the Company into its next phase of innovation and growth. I remain very optimistic about EA's future — there is a world class team driving the Company's transition to the next generation of game consoles."
Until such a time as EA's Board of Directors fills in Riccitiello's positions, Larry Probst will serve as Executive Chairman to "ensure a smooth transition and to lead EA's executive team while the Board conducts a search for a permanent CEO." Probst served as EA's CEO from 1991 to 2007 and has been a Chairman of the Board since 1994.
"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," said Mr. Probst. "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. We appreciate John's leadership and the many important strategic initiatives he has driven for the Company. We have mutually agreed that this is the right time for a leadership transition."
(via EA)
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