EA has a new CEO: VP of EA Sports Andrew Wilson took the throne today, filling the seat John Riccitiello left behind in March. In a blog post, Wilson describes a plan to keep on doin' what they're doin', saying that EA's strategy is sound, and that continued investment in next-gen consoles and "mobile and PC free-to-play" is the thing to do.
In a lengthy guest editorial at Kotaku, former EA CEO John Riccitiello wrote at length about what, in his view, the upcoming next generation of gaming consoles must deliver to succeed. The editorial was published before Microsoft's reveal of the Xbox One yesterday, which may require owners to check in to the Internet once every 24 hours.
EA has just sent along word that CEO John Riccitiello has stepped down after six years as head executive and an overall 13-year career with the publishing giant. Board Chairman and former CEO Larry Probst acts as interim leader until the company finds a permanent replacement.
EA CEO John Riccitiello has been defending a downturn in EA stock in an interview with CNBC, spotted on CVG. He addresses a "a perception among investors that the game industry is tough to invest in right now" by challenging the validity of NPD reports that only take into account boxed retail sales in the US.
He uses PC gaming as an example of how the games business is changing. "Just five years ago people said that the PC game business was in a radical state of decline because NPD said it was down 10 percent, 20 percent, 30 percent, year-in year-out," he says.
"The fastest growing platform for video games today is the PC, but it's growing through subscriptions, through micro transactions and through downloads."