John Riccitiello, Electronic Arts CEO since 2007, will be stepping down from his position and as a member of EA's Board of Directors by March 30. Probst himself will abstain from that discussion, and he is also foregoing his board of directors cash retainer fees (which were $100,000 for the company's fiscal 2012) for the duration of his term as executive chairman.While Probst's standard annualized compensation tops Riccitiello's base salary of about $865,000 from fiscal 2012, it falls far short of the former CEO's complete compensation package. Riccitiello commanded a salary of $800,000 and has an estimated net worth of $10 million. He has been chairman of the board at EA since 1994.Milan clubs did not renew licenses with Konami; AS Roma parts ways with EAEA's key franchises boomed during lockdown, and CEO Andrew Wilson doesn't expect staff to "ever go back exactly to the way things were" In his decision to resign, Riccitiello cites "personal responsibility for the publisher’s lowered guidance and missed financial targets," according to In separate statements, Probst had the following to say on Riccitiello and his years of service to EA:EA expects that earnings for the current financial quarter will be slightly under expectations. Electronic Arts executive chairman Larry Probst will helm the publisher as it finds a replacement for Additionally, when Probst's stint as executive chairman is over, the Board of Directors has the option to award him an additional one-time discretionary bonus for his work. They can keep that other money to do whatever they like. John Riccitiello. Will he even notice $1.03 million? Dear John: On behalf of the Board of Directors of Electronic Arts Inc. ("Electronic Arts" or "EA"), I am pleased to offer you the position of Chief Executive Officer of Electronic Arts commencing on April 2, 2007 at a base salary of $62,500 per month [or $750,000 annualized], minus applicable deductions. Thanks, Polygon While Probst's standard annualized compensation tops Riccitiello's base salary of about $865,000 from fiscal 2012, it falls far short of the former CEO's complete compensation package. Check out every PlayStation 5 next generation title!After months of radio silence, horror FPS Atomic Heart has reappeared with all new gameplay footage and a PS5 version in tow.© 2006-2020 PlayStation Universe, All Rights Reserved. The latest character to join the popular title comes vie Operation Shadow LegacyAll PS5 Games – Check out our constantly updated feature showing all the PS5 games that are on the way. They should let me do it. John Riccitiello has resigned from his role as EA CEO.
Nintendo president and CEO Satoru Iwata has been revealed to earn a basic salary of just ¥68 million ($0.77m), rising to ¥187 million ($2.11m) with performance-based bonuses. He will leave the publisher at the end of the month. ... John Riccitiello. Last year that included a $1.5 million performance-based bonus payout, $4.35 million in performance-based stock awards, and $2.8 million in retention-based stock awards, for a grand total of $9.51 million.Probst has been involved with EA since 1984, serving as CEO from 1991 until 2007, when he turned the reins over to Riccitiello. John Riccitiello Riccitiello will receive 24 months of salary over the next two years and vesting of unvested stock options until November 30, 2013. Here’s John Riccitiello’s resignation letter, in full:Riccitiello will receive 24 months of salary over the next two years and vesting of unvested stock options until November 30, 2013.Splinter Cell’s Sam Fisher joins Rainbow Six: Siege. In light of lower-than-expected financial earnings, EA CEO John Riccitiello will step down from his position, effective March 30.The position, which Riccitiello has held since 2007, will be managed by Executive Chairman Larry Probst until the vacancy is filled. All I'd ask for is a mere $400,000.....after taxes.
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