by July 11, 2012 @ 12:49 pm
EA’s John Riccitiello may step down from his post as CEO, leaving the reigns to former Xbox exec and current EA COO Peter Moore. This hasn’t been finalized yet, according to a Gamefront report, which denotes that the change is still being voted on.
If Riccitiello is asked to step down, expect an announcement shortly after EA’s July 30 earnings call, according to the report. Since it seems like this could go either way — we’d take this with a grain of salt for now, but for what’s it worth, Moore seems to be in the best position to rise up in the ranks. He initially joined the company as head of EA’s Sports division and last year was promoted COO — Chief Operating Officer.
Coupled with EA’s falling stock value, it’s not a stretch that a corporate shakeup is in order. Additionally, outspoken analyst Michael Pachter stated yesterday that Riccitiello was concerned about his job in a discussion over EA’s stock performance. Pachter quickly backtracked on the statement, calling it a “bad joke.”
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