EA CEO John Riccitiello Steps Down Over “Shortcomings” In Financial Performance

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http://techcrunch.com – EA’s CEO John Riccitiello has just submitted his letter of resignation to the company’s board. He’s stepping down on March 30 and Larry Probst is stepping in as Executive Chairman. Probst will lead the hunt for a permanent CEO. The company announced the changes shortly after markets closed in New York and EA’s shares are up 2.1 percent in after-hours trading. He said in a personal statement from the company that he’s resigning over EA’s poor financial performance this quarter. The company suffered a big black eye over the last few weeks with the botched lau (IT news)