Official Simcity Thread

[Minty]

On the bright side it appears to have cost EA's boss his job!

http://techcrunch.com/2013/03/18/ea-ceo-...-chairman/

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 launch of Sim City, which left paying fans frustrated over the performance of the game.

“My decision to leave EA is really all about my accountability for the shortcomings in our financial results this year,” he said. “It currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued to the Street, and we have fallen short of the internal operating plan we set one year ago. And for that, I am 100 percent accountable.”