EA CEO John Riccitiello Is Resigning: Here’s His Farewell Letter
Electronic Arts CEO John Riccitiello said today he is stepping down at the end of the month, ending a difficult six-year reign that has seen the company’s stock fall more than 60 percent in that time.
Mr. Riccitiello sent a memo to EA chairman Larry Probst, in which he said EA ”will come in at the low end of, or slightly below, the financial guidance we issued in January, and we have fallen short of the internal operating plan we set one year ago.”
