30°
Submitted by -Mezzo- 770d ago | opinion piece

EA CEO Steps Down, Citing Financial Results. But Is SimCity the Real Issue?

Forbes - Back in 2012, Electronic Arts was named the worst company in America, and the recent less-than-smooth release of SimCity did little to bolster its image. The ramifications may have been farther-reaching than just bad PR. It may have been the instigator for today’s news: John Riccitiello, the CEO of EA, has stepped down today. (EA, John Riccitiello, PC, SimCity)

Alternative Sources
ShugaCane  +   770d ago
The author has poorly formulated the question. It implies the answer is "no" whereas it's a clear "yes", according to the article. Should have been "But are financial results the real issue ?" or somehting like that, in my opinion.
Rearden  +   770d ago
No, SimCity is not the reason.
aliengmr  +   770d ago
EA has on a downward spiral for years now. Seems copying the competition rather than innovating hasn't worked.

That and Riccitiello is a douche, good riddance.
#3 (Edited 770d ago ) | Agree(0) | Disagree(0) | Report | Reply
Saryk  +   769d ago
Electronic Arts will pay Riccitiello two years' salary (about $1.7 million) in severance, plus other benefits.
In fiscal 2012, EA paid Riccitiello a bonus of $1.5 million, 15 percent more than his target bonus of $1.3 million. His total compensation that year was $9.5 million.

Yeah, that poor, poor man!
newsguy  +   769d ago
crazy story

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
30°

Hellblade – Behind the scenes at Ninja Theory

14m ago - Behind-the-scenes with NinjaTheory & Hellblade; open development, indie vs. triple-A & a hardcore... | PC
20°

Android/iPhone Miscrits: World of Creatures Cheats: The Strategy Guide and Tips

14m ago - Miscrits: World of Creatures Cheats Gems: Guide, Tips & Strategy for Android/iPhone Game In orde... | iPhone
Ad

Visit CGMagazine: The Culture of Games

Now - CGM is for the mature audience of comics and games that wants more out of their media than just a review score. | Promoted post
20°

Kerbal Space Program 1.0 achieves liftoff

14m ago - "After 4 years in development, *Kerbal Space Program* has finally left Early Access. Considering... | PC
30°

Why Steam Workshop paid Mods took an arrow to the knee

20m ago - MWEB GameZone writes: "Aaand it's gone! Was the paid mod addition an 'evil', money hungry ploy, o... | PC
40°

20 Old-School Game Series We Still Love Today

33m ago - SheAttack: With the recent release of Mortal Kombat X, I began to think. “Mortal Kombat has been... | PC