Riccitiello - tired of investment - returns to EA.
In a move reminiscent of Steve Jobs’ return to Apple, Electronic Arts has a new CEO and an old one in the same person. Former president and COO of the company, John Riccitiello (AKA ‘Hatchetman’), displaces Larry Probst as CEO from April 2nd.
Industry journal MCV reports that Riccitiello, who left EA in April of 2004, leaves his current post as MD of Bono-invested and Bioware/Pandemic owner, Elevation Partners to return to what had apparently been his dream job.
Probst, who will continue as executive chairman of the Board of Directors, commented, “We're happy to welcome John back as EA's new CEO. His skill and vision as an executive and his experience in our industry have earned him the respect of our employees and shareholders.”
Riccitiello added: “Leading EA has always been my dream job and I am truly honoured that Larry and the Board have given me this opportunity. This is an extremely well-run company driven by outstanding studio and publishing teams. They've also made strategic investments in new platforms and markets that will help extend EA's industry leadership in the years ahead.”
When Riccitiello left Electronic Arts in 2004, the company explained that Probst would only occupy the CEO’s seat until a replacement could be found.
Source: MCV
Industry journal MCV reports that Riccitiello, who left EA in April of 2004, leaves his current post as MD of Bono-invested and Bioware/Pandemic owner, Elevation Partners to return to what had apparently been his dream job.
Probst, who will continue as executive chairman of the Board of Directors, commented, “We're happy to welcome John back as EA's new CEO. His skill and vision as an executive and his experience in our industry have earned him the respect of our employees and shareholders.”
Riccitiello added: “Leading EA has always been my dream job and I am truly honoured that Larry and the Board have given me this opportunity. This is an extremely well-run company driven by outstanding studio and publishing teams. They've also made strategic investments in new platforms and markets that will help extend EA's industry leadership in the years ahead.”
When Riccitiello left Electronic Arts in 2004, the company explained that Probst would only occupy the CEO’s seat until a replacement could be found.
Source: MCV
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