team, while experienced, has seen the decline from a highly profitable firm to a loss-incurring entity. CEO John Riccitiello first joined EA in October 1997 as President and COO, left EA in 2004 to start Elevation Partner, and returned
ZNGA -1.2% ), which nonetheless can't be upset about this news. The closings come shortly after EA CEO John Riccitiello resigned, and a fresh round of layoffs were carried out. SimCity Social once had 10M monthly users . Post your
SAN FRANCISCO, April 11 (Reuters) - Videogame publisher Electronic Arts has begun laying off staff at its Montreal game studio in its latest round of jobs cuts, less than a month after former Chief Executive John Riccitiello abruptly resigned.
EA -7.7% ) is now seeing big losses, as the Street concludes its March quarter warning takes priority over John Riccitiello 's resignation . Game developers Activision ( ATVI -2% ), Take-Two ( TTWO -1.8% ), Zynga ( ZNGA -1
Electronic Arts ( EA ) +1.1% , giving back most of the AH gains it initially saw following news of John Riccitiello 's resignation and an FQ4 warning. Needham has cut shares to Hold, arguing Riccitiello's departure "underscores the industry
are maintaining our fair value estimate and moat rating of EA EA after the company announced the resignation of CEO John Riccitiello and that its fourth-quarter performance may come in below or at the low end of its guidance. Though we agree that
SAN FRANCISCO (Reuters) - Electronic Arts' Chief Executive Officer John Riccitiello has resigned after six years at the helm of the video games publisher, saying he held himself accountable for missed operational targets.
SAN FRANCISCO, March 18 (Reuters) - Electronic Arts' Chief Executive Officer John Riccitiello has resigned after six years at the helm of the video games publisher, saying he held himself accountable for missed operational targets.
John Riccitiello is resigning as Electronic Arts' ( EA ) CEO, and from EA's board, effective March 30. Chairman Lawrence Probst is now executive
this time. Thank you. Welcome to EA's fiscal 2013 Third Quarter Earnings Call. With me on the call today are John Riccitiello , our CEO; Blake Jorgensen, CFO; and Peter Moore, COO. Frank Gibeau, our President of Labels will be joining