EA CEO resigns; chairman to temporarily lead game company

Electronic Arts CEO John Riccitiello resigned Monday from the embattled video-game company. Chairman Larry Probst, who served as EA's CEO for 16 years before being succeeded by Riccitiello in 2007, will head the company's operations while the board of directors looks for a new CEO. "EA is the face of the gaming industry at a time when the market is in some important ways going sideways if not downhill," said IDC's Lewis Ward. He added, "It has been outperformed by some smaller and more nimble companies."

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