John Riccitiello has been hired to replace Larry Probst at CEO of Electronic Arts. Riccitiello, who previously served as EA’s president and chief operating officer responsible for global publishing, online and other corporate functions before leaving the company in 2004, will officially take the CEO on April 2 and will also join the company’s board of directors. Probst will stay on as exec chairman of the board.
“Leading EA has always been my dream job and I am truly honored that Larry and the board have given me this opportunity,” Riccitiello comments. “This is an extremely well-run company driven by outstanding studio and publishing teams. They’ve also made strategic investments in new platforms and markets that will help extend EA’s industry leadership in the years ahead.”
After leaving EA in 2004, Riccitiello became a co-founder and managing partner at Elevation Partners. His responsibilities with the company included overseeing its video-game business. He also serves on the board of directors of Hyperion Solutions Corp.
Headquartered in Redwood City, Calif., Electronic Arts develops, publishes and distributes interactive software worldwide under brand names EA, EA SPORTS, EA SPORTS BIG and POGO. In fiscal 2006, the company posted revenue of $2.95 billion and had 27 titles that sold more than one million copies.