Analyst: Timing of Jenson's Departure from EA 'Unnerving'

Following the news that Electronic Arts' Chief Financial Officer Warren Jenson is leaving the company, UBS analyst Ben Schachter commented in a note to investors that the news "does not come as a complete surprise" but the timing of it is questionable.

"We believe Mr. Jenson's departure was a mutual decision, and while it's not surprising that CEO John Riccitiello would want to reshuffle his team, the timing may raise eyebrows given lag since other key mgmt changes, the pending offer for TTWO, and coming right before the end of the fiscal year," said Schachter. "We note that the co. indicated that the change is not related to financial controls (we take them at their word)."

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i rule4519d ago

microsoft is buying ea