Showing posts with label Company. Show all posts
Showing posts with label Company. Show all posts

Tuesday, March 19, 2013

CEO Of Electronic Arts, World's Third-Largest Gaming Company, Resigns

Electronic Arts CEO John Riccitiello, seen here speaking at the E3 Expo in 2010, is stepping down, the company announced Monday.
Michal Czerwonka/Getty Images Electronic Arts CEO John Riccitiello, seen here speaking at the E3 Expo in 2010, is stepping down, the company announced Monday.Michal Czerwonka/Getty Images
Electronic Arts, the world's third-largest video game company, announced Monday that CEO John Riccitiello would be stepping down.
Riccitiello, whose rocky six-year tenure saw a 60 percent drop in EA's stock price, according to the Wall Street Journal,
said in his resignation letter that he leaves feeling that EA "has never been in a better position as a company."
He said his resignation, however, ultimately comes down to accountability for the company's financial situation: