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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.

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ShugaCane1292d 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.

Rearden1292d ago

No, SimCity is not the reason.

aliengmr1292d ago (Edited 1292d 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.

Saryk1291d 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!