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March 18, 2013 08:38 pm EST

Electronic Arts CEO John Riccitiello resigns, Larry Probst appointed Executive Chairman (update)

Electronic Arts CEO John Riccitiello resigns, Larry Probst appointed Executive ChairmanElectronic Arts has had a rough go of it lately due to the launch difficulties of Sim City. Today, TechCrunch reports that the company is changing its leadership at the top, with CEO John Riccitiello submitting his letter of resignation to the company and stating he will be stepping down on March 30th. Larry Probst, the current Chairman of the Board for EA and CEO of the company before Riccitiello, has been appointed Executive Chairman effective immediately. Probst will lead EA while the board searches for a permanent CEO.

Update: The Wall Street Journal got ahold of Riccitiello's internal resignation letter to the game publisher's staff, as well as his letter to Larry Probst. We've added both below the break.

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Via: TechCrunch

Source: Electronic Arts


Original Link: http://www.engadget.com/2013/03/18/electronic-arts-ceo-john-riccitiello-resigns-larry-probst-executive-chairman/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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