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You Won't Have John Riccitiello to Kick Around Anymore

EA's beleaguered CEO has stepped down from the company.

The now former EA CEO John Riccitiello.
The now former EA CEO John Riccitiello.

Electronic Arts CEO John Riccitiello has stepped down from his role in the company, the publisher announced today.

In his place, current board chairman and former CEO Larry Probst has stepped up to man the company as the board searches for Riccitiello's replacement.

The announcement came in the form of a press release (which can be read in full here) in which Probst thanked Riccitiello for his efforts, but stated that the two "mutually agreed that this is the right time for a leadership transition."

Riccitiello's departure is an intriguing, but not unexpected one. The now former CEO had come under some scrutiny after several big budget EA projects--including the $200 million sinkhole that was Star Wars: The Old Republic--failed to meet expectations.

We've reached out for further comment from EA. We'll update this story if/when more becomes available.

Here's his full resignation letter, per an SEC filing:

March 17, 2013

Mr. Larry Probst

Chairman Electronic Arts

Dear Larry,

I hereby offer my resignation as CEO of Electronic Arts effective with the end of our Fiscal Year 13 on March 30, 2013.

This is a tough decision, but it all comes down to accountability. 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.

I have been at the helm as EA’s CEO for six years and served as COO for nearly seven years starting in 1997. I know this company well, and I care deeply about its future success. I leave knowing EA is a great company, with an enormously talented group of leaders and the strongest slate of games in the industry. I could not be more proud of our company’s games, from Battlefield and FIFA, to The Simpsons: Tapped Out and Real Racing 3. We have built many great franchises that will serve the company well in FY14 and beyond. In particular, I am confident that the investments we have made in games for next-generation consoles will put EA in a strong leadership position for many years ahead.

In offering my resignation, my goal is to allow the talented leaders at EA a clean start on FY14. I look forward to working with you in the coming weeks on an effective leadership transition. I’m extremely honored to have led this company and proud to have worked with all the great people at Electronic Arts.

Sincerely,

/s/ John Riccitiello

John Riccitiello

Alex Navarro on Google+

270 Comments

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CptBedlam

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@sil3n7 said:

He made huge bets that didn't pay off financially but I believe his heart was in a good place. We wouldn't have Dead Space or Mirrors Edge without him.

Yep, this. Let's also add Brütal Legend to that list.

I think he was forced by investors to make some hard decisions that didn't sit well with gamers, resulting in pumping out sequel after sequel with diminishing returns.

Let's remember the early Riccitiello!

And I doubt the next CEO (probably Peter Moore) will adopt a more gamer-friendly strategy. If anything, it'll get worse.

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Efesell

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Edited By Efesell

@chose said:

@efesell said:

@chose said:

It's all Sim City. Losing money is one thing, losing trust and confidence is everything.

If losing trust and confidence were enough then the EA offices would be a crater right now that instantly killed anything that walked near it.

There's a fundamental difference between internet trolls and real life consumers and investors.

The only thing that the company is the going to take away from Sim City is that it sold tremendously well.

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recroulette

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Edited By recroulette

Well, good to know that things have a chance to possibly change, just a bit.

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Aaron_G

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Edited By Aaron_G

Not at all surprised.

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Maitimo

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It's weird that this happened now rather than, say, post-TOR. I wonder what changed? EA have been consistently falling short of the mark for a while and every time EA puts out another stinker we have the "how long does Riccitiello still have?" conversation.

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superfriend

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Edited By superfriend

Good move. Now please don't find work ever again. At least not as a CEO in the games business.

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crusader8463

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Edited By crusader8463

Here's hoping that the new guy realize how terrible all the online only, DLC, pre-order shit is and cuts back. Though deep down I know it's just going to keep getting worse.

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JoeyRavn

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Edited By JoeyRavn

@p_p_o_d said:

Finally a EA release that I am satisfied with

I really hope he gets paid his pink slip in microtransactions. No, seriously, I was never able to connect with the guy. He belongs in a galaxy far, far away.

And ME3's ending still sucks.

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MeatSim

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Regardless of who the next CEO is I am betting very little will change at EA.

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zerdune

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Edited By zerdune
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Giantstalker

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Seemed like Battlefield was, by and large, unaffected EA contamination under John Riccitiello. So at least he kinda had that right. Sure the single player was kinda sub-par in 3, but honestly the multiplayer was/is still great and avoided the publisher's taint.

No guarantees what how next CEO will treat the series, the only solid franchise EA handles that I care about anymore. Hopefully he (let's be real folks) won't force DICE to screw around and run it into the ground as Dragon Age, Mass Effect, or SimCity.

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chose

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Edited By chose

@efesell said:

@chose said:

It's all Sim City. Losing money is one thing, losing trust and confidence is everything.

If losing trust and confidence were enough then the EA offices would be a crater right now that instantly killed anything that walked near it.

There's a fundamental difference between internet trolls and real life consumers and investors.

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psylah

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Edited By psylah

@abdo: You beat me to it.

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DougQuaid

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Edited By DougQuaid

@pixeldemon said:

they need someone who acknowledges they have a serious public image problem and will take authentic steps to repair their brand.

here's hoping

If we're looking for someone with some authenticity, look no further:

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isomeri

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I'd just listened to the crew discussing how he won't have a future at the company on the BombCast. Fingers crossed for Peter Moore.

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Icecreamjones

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Edited By Icecreamjones

@efesell said:

@generiko said:

@enigma777 said:

People love to hate on Johnny R., but do you remember how fucking abysmal EA was before he came on board? Cause I sure as hell do.

He gave us Dead Space, Dragon Age, Mass Effect and BF Bad Company 2. I, for one, will miss you John.

Mass Effect wasn't made by EA, it wasn't even funded by them.

And also Dragon Age was well into development by the time the Bioware deal came about, so probably not a ton going into that either.

John R was one of the founders of Elevation Partners, who owned Bioware (and Pandemic) before it was sold to EA. So he did give you Mass Effect anyway, kind of

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Efesell

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@chose said:

It's all Sim City. Losing money is one thing, losing trust and confidence is everything.

If losing trust and confidence were enough then the EA offices would be a crater right now that instantly killed anything that walked near it.

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Tidel

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I will always remember him as the man who briefly endeavored to make EA the good guy by throwing weight behind new IP. He was a victim of circumstance as much as anything, I think.

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Sil3n7

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Edited By Sil3n7

He made huge bets that didn't pay off financially but I believe his heart was in a good place. We wouldn't have Dead Space or Mirrors Edge without him.

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AndyPhifer

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Brilliant headline.

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mrcraggle

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@branthog: I'm pretty sure the /s/ means signed so it'd be his actual signature.

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das9000

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@p_p_o_d: Haha, I tip my hat to you sir.

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chose

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Edited By chose

It's all Sim City. Losing money is one thing, losing trust and confidence is everything.

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Firrae

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Anyone else notice that he didn't mention SimCity or Dead Space in the games he's proud of? Two of their biggest releases this year so far.

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OfficeGamer

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@pixeldemon said:

they need someone who acknowledges they have a serious public image problem and will take authentic steps to repair their brand.

here's hoping

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Branthog

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That's a classy resignation letter. Accepting the responsibility of EA's fiscal woes with certain projects rather than pointing the finger elsewhere is pleasantly surprising, given the way we as a society tend to point the finger anywhere but at ourselves.

I would say it's a pretty standard resignation letter, though it certainly beats the time when my CEO resigned via a smarmy trite haiku on twitter to all the world (and the ~40k employees), before bolting with his golden parachute after doing a reverse stock-split that backfired and lost 80% of the valuation in only one year (on a stock that had already lost 80% of its valuation before the reverse split!).

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zaccheus

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Edited By zaccheus

@patman99 said:

@zaccheus said:

$200 million... Old Republic was such a bad idea, in hindsight.

I think a Star Wars MMO has such huge expectations that they could never meet them fully. They should have done something a little smaller and then expand on it through expansions. Unfortunately, they went for the full monty and did not necessarily achieve it. The game was still fun though for about a month.

That's a pretty damning thing to say about an MMO. Things were pretty different six years ago, only a truly crazy person would try anything like that now. I hope the Elder Scrolls MMO hasn't cost only a fraction of that.

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Pop

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Damn, I'm curious to see who the next guy is and hope he'll do awesome stuff with the company.

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MEATBALL

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Pretty shitty headline. But that's right, I'm on the Internet so I must hate EA and Riccitello.

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Efesell

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Edited By Efesell

@patman99 said:

@zaccheus said:

$200 million... Old Republic was such a bad idea, in hindsight.

I think a Star Wars MMO has such huge expectations that they could never meet them fully. They should have done something a little smaller and then expand on it through expansions. Unfortunately, they went for the full monty and did not necessarily achieve it. The game was still fun though for about a month.

It seems to be doing really well on its F2P model at least. An initial disappointment certainly but it's rebounding somewhat.

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Branthog

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Don't worry, more forced-online games, crammed-in multi-player, season passes, excessive DLC, in-game micro-transactions, annualization of every game, games with nothing changed each year but the number in their title, and shitty launch experiences is all we need to really boost our revenue and keep this ship on the right course!

Also, why did he sign his email with a "/s/" sarcasm tag?

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Jayzilla

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None of this really matters because the board is so hell bent on microtransactions and cash shop type features and always online functionality in their games which garners ZERO SUPPORT from consumers. There are no gamers who want this. Their brand is suffering because they are trying to tell us what we want. If they can prove they want to change in the next year or so, fine. Until then, they will still see me not buying their games.

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alternate

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at least he will now have plenty of time to play Sim City.

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baltimore

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Anyone else notice how Riccitello has slowly been turning into Palpatine over the last few years?

Side note: I just told my wife the news (she used to love Maxis games) and her reaction was this: "They fucked up one game too many! Time to go Johnny Boy."

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Oscar__Explosion

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Patman99

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Edited By Patman99

@zaccheus said:

$200 million... Old Republic was such a bad idea, in hindsight.

I think a Star Wars MMO has such huge expectations that they could never meet them fully. They should have done something a little smaller and then expand on it through expansions. Unfortunately, they went for the full monty and did not necessarily achieve it. The game was still fun though for about a month.

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Oscar__Explosion

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Edited By Oscar__Explosion

I am surprised his resignation letter didn't have a micro-transaction in it.

BOOM!

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LordAndrew

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Real Racing 3 is nothing to be proud of.

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sweep

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sweep  Moderator

Someone get Jeff motherfucking Green on the phone!

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Oscar__Explosion

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Edited By Oscar__Explosion

Yes. He's just the guy to revitalize the image of EA into the digital future!

@snail said:
@mattyftm said:

JEFF GREEN FOR CEO!!!!!

This I can get behind. Screw the Peter Moore supporters.

Jeff Green for EA CEO 2013
Jeff Green for EA CEO 2013

I would be totally on board with this, but after what he was saying about teenage girls on the Tested Dadcast I don't think anyone would make him president of anything. (I still throw all my support at him nonetheless)

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ChrisHarris

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Edited By ChrisHarris

@paulunga said:

Thanks for giving us Skate, Mirror's Edge, Burnout Paradise and Dead Space. Sucks that having interesting games didn't work out for EA in the long run.

I know, people were excited about the new direction he was trying to take EA in at the time... until the economy went into the shitter, the gambles on new IPs weren't paying off, and they sank way too much money into The Old Republic. Then, the chosen one fell to the influence of the dark side. It was a sad sequence of events with some unfortunate timing.

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bledsoe9mm

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its one thing to poison the well on niche games , but when your turning off a wide customer base to your company , its time to go before it gets any worse . had to stop the bleeding .

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rollingzeppelin

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I'm not gonna shed a tear, the whole executive branch of EA and shove it as far as I'm concerned.

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hassun

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Ketchupp

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Hey! I'm looking for a new job!

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Ravenlight

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I am surprised his resignation letter didn't have a micro-transaction in it.

The real tragedy is that it took two pages for someone to make this joke. Well done, sir!

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Efesell

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@generiko said:

@enigma777 said:

People love to hate on Johnny R., but do you remember how fucking abysmal EA was before he came on board? Cause I sure as hell do.

He gave us Dead Space, Dragon Age, Mass Effect and BF Bad Company 2. I, for one, will miss you John.

Mass Effect wasn't made by EA, it wasn't even funded by them.

But 2+3 were. When I say ME or DA, I mean the whole franchise.

And then they were kind of responsible for knocking the wind out of DA2 with the dev cycle given.

I mean I still really liked it, but it was not the product it should have been.

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the_dead_parrot

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Edited By the_dead_parrot

I love it how he used the term "FY14" he is so EA he makes everything sound like their sports franchises

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baltimore

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Damn didn't expect to see this today. But considering what EA has been through in the past few years it's not a huge surprise. But between Geoff Green and Peter Moore...I think Moore would win in a wrestling cage match.