EA Chief John Riccitiello Still Isn't Fired

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Darknacht

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May 13, 2009
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Falterfire said:
They ARE still making all of the money, right? I mean, I'm not an expert at economics, but does it really matter what your stock prices look like if you still make money hand over fist?

Also: I don't think anybody NOT being fired really qualifies as news.
Go look at their financial statements. They have been loosing hundreds of millions of dollars a year(some times over a billion a year), this year was the first time in quite a few years that they actually made money($18 million before taxes, $76 million after taxes) and to do that they had to take out $539 million in debt. So essentially no they are not making money and they haven't been for quite some time.
 

FantomOmega

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CardinalPiggles said:
I say leave him there. The longer he makes the company fist itself, the better everyone else will be.
When you mean "fist" did you mean this



SHOVED where the sun don't shine? I could have sworn that he' already using himself as a sock puppet for almost a year now...

Their recent unjust bashing of Steam and forcing people to conform to their Orgin "service" as if they WANTED it doesn't help matters either, investors no longer see EA as a immediate cash cow and would rather not wait to see if it will improve first because the stock could stagnate for years before it improves, cutting into their investment return

Stocks don't reflect the company's performance as some other posters have already pointed out, but EA have been making statements that brings doubt to investors by saying a the next Dead Space must sell so much in order to stay afloat implying their lack of confidence of the game selling well before the game is even completed for release and had to lay off prototype development employees due to "poor sales"...

If Battlefield 3 wasn't under EA it could have been a LOT worse for them
 

Crazy Zaul

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He will be soon. Then he will have to go work at Taco Bell cos no one else will want him, and EA will go back to just making sports games then everyone will be happy.
 

shrekfan246

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May 26, 2011
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Andy Chalk said:
given the state of EA's stock, which during Riccitiello's tenure has tumbled from over $60 to its current price of $11.23
Whoa, whoa, wait, what? He's been their CEO since 2007 and the stock has dropped by roughly $50? How the hell does he still have his job?
 

Paladin Anderson

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Nov 21, 2011
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RC1138 said:
Leave him as CEO. I see nothing wrong with that. He clearly has a subconscious urge to make people dislike EA as much as possible and anything, or anyone, that furthers that is doing their job as far as I'm concerned.
I agree. If you take him out of being the CEO he'll go on to ruining some other company. Better to take one for the team and keep him on until the company crashes and burns.
 

Dr. Crawver

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Nov 20, 2009
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I am amazed this man still has his job. But then, I'm amazed EA still does the shit it does, so I guess the two balance out?
 

Dr. Crawver

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NinjaDeathSlap said:
Business speak: "We have full confidence..."

People speak: "We give him another two weeks..."
here's hoping that this is what they do mean...
 

l3o2828

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Mar 24, 2011
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While stock has nothing to do with the business a company has, maybe being TRULY on the line of dying will make EA think that maybe, oh i dunno...Their Business model equals shooting yourself on the foot?
 

Comando96

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itsthesheppy said:
This must be why I'm not a CEO. I just don't get economics.
Economic law says this guy should have been fired years ago.

Business law says otherwise.

Economics ≠ Business.

90sgamer said:
I say, "stay the course EA, stay the course." I want to see capitalism work for once. ;)
Capitalism works, to a surprising degree. What doesn't work is Governments interpritism of Capitalism, combined with democracy.
When a company can get benefits for their company of barriers to entry to the market, regulations making new firms life hard, yet not doing a thing to scorn the established companies at the top... and all at the cheap cost of labbying... or legal bribery.

EA luckily isn't in the too big to go bust position... and if they don't fire this guy soon, they will never be :)

cpt blackamar said:
I am amazed this man still has his job. But then, I'm amazed EA still does the shit it does, so I guess the two balance out?
Stupid Management is Stupid.
Lazy Fatcats are Lazy.

Both to blade if company burns.
 

Aeonknight

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Apr 8, 2011
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itsthesheppy said:
Who would have guessed that being voted the worst company in America would be bad for your stock prices?
Who would've guessed that people would still be holding up that half assed insult as legitimate after all this time? Oh wait, Escapist, forgot for a second.
 

VladG

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RC1138 said:
Leave him as CEO. I see nothing wrong with that. He clearly has a subconscious urge to make people dislike EA as much as possible and anything, or anyone, that furthers that is doing their job as far as I'm concerned.
I almost agree. Having a titan such as EA sink might shake up the industry.

Uninformed speculation on my part, but maybe the gap they will leave in the industry might both show developers that mass producing safe bland samey boring games and homogenizing every good franchise you have is not the best way to earn money, and allow them to bring out some interesting new stuff.
 

Slayer_2

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itsthesheppy said:
Who would have guessed that being voted the worst company in America would be bad for your stock prices?

In addition to that, whoever thought that buying up studios and destroying them, pumping out bland samey games, looking for spectacle over quality, and completely losing touch with the player base would be bad for business?

This must be why I'm not a CEO. I just don't get economics.
Clearly you'd be a horrible CEO for a gaming company. Innovation? Creativity? LISTENING TO GAMERS!? Just... Indescribably ignorant ideas.
 

idarkphoenixi

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May 2, 2011
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Who else expects EA to release a statement saying that the cause of their gargantuan stock crash was due to a "small but vocal minority" of complainers and that EA is running perfectly fine?
 

hellflame

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idarkphoenixi said:
Who else expects EA to release a statement saying that the cause of their gargantuan stock crash was due to a "small but vocal minority" of complainers and that EA is running perfectly fine?
or blame vavle for selling games their games cheap.

I fully expect them to release another statement that's completely lost touch with reality, or crying about how it's not his fault.
 

Metalrocks

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he sure is doing a great job for making ?A look bad in every once eyes. i think they really want to be seen in the end as the worst company in the world.
keep it up ?A. looking forward to see you guys going down hard.