CEO Change Could Boost Electronic Arts (EA) Prospects, Shares (ATVI) (ZNGA)

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Go back to CEO Change Could Boost Electronic Arts (EA) Prospects, Shares (ATVI) (ZNGA)

Brean Calls Electronic Arts (EA) CEO Departure Positive Development

March 19, 2013 10:59 AM EDT

Brean Capital today maintained a Buy rating on Electronic Arts (NASDAQ: EA) with a price target of $22.00. Yesterday the company announced its CEO John Riccitiello would resign.

Commenting on developments, analyst Todd Mitchell said, "While the quarter's miss is disappointing, and could... More

Electronic Arts (EA) CEO Riccitiello Resigns

March 18, 2013 4:02 PM EDT

(Updated - March 18, 2013 4:07 PM EDT)

Electronic Arts Inc. (NASDAQ: EA) today announced that John Riccitiello will step down as Chief Executive Officer and as a member of the Board of Directors, effective March 30. The Board has appointed Larry Probst as Executive Chairman to ensure a smooth transition and to lead EAs executive team while the Board conducts a search... More