Timing of EA CEO resignation 'makes sense' says analyst
Added: 18.03.2013 23:12 | 15 views | 0 comments
Robert W. Baird industry watcher not surprised by John Riccitiello's resignation from Battlefield publisher today, says Peter Moore, Frank Gibeau leading internal candidates to take over.
John Riccitiello's was not an entirely surprising event, according to Robert W. Baird analyst Colin Sebastian. In a note to investors today, Sebastian said the timing of his departure from EA makes sense for a number of reasons.
"EA's controversial CEO John Riccitiello will step down as of March 30 as part of a mutual decision with the board of directors. We believe timing makes sense for a CEO transition at the end of the fiscal year, and ahead of next generation console launches and a strong [second half of 2013] title lineup (Battlefield and EA Sports)," Baird said.
Despite EA's financial challenges, which Riccitiello said were , Sebastian said EA has positioned itself to benefit from the upcoming console transition.
"We believe EA is well positioned for the console refresh cycle, and the company has made
progress in building a digital platform and more recently controlling expenses," Sebastian said. "However, we note that inconsistent financial performance, some high profile title flops (e.g., Star Wars: The Old Republic) and employee turnover were issues that impacted the CEO's credibility."
Lastly, Sebastian suggested that current chief operating officer Peter Moore and EA Labels president Frank Gibeau are leading internal candidates to take over as CEO. The EA Board of Directors will also consider external candidates with the the help of a "leading executive search firm." In the meantime, longtime EA executive Larry Probst will lead EA.
Tags: Mario, Star, Battlefield, Color, John, Riccitiello, John Riccitiello, Baird, Probst, Larry, Peter, Sebastian, CEO John, Moore, DespiteFrom:
www.gamespot.com
| Gears of War: Judgment
Added: 18.03.2013 19:20 | 30 views | 0 comments
The Gears of War prequel gives Marcus and Dom a break giving players control of the fan favorites, Baird and Cole, as they experience the first battles in the war with the Locusts.
From:
www.gamesradar.com
| Gears of War: Judgment
Added: 18.03.2013 4:01 | 11 views | 0 comments
War never changes? Look closer.
Damon Baird and the roughnecks of Kilo Squad are on trial for their lives, dragged before a COG tribunal chaired by the incurably grumpy Colonel Loomis as Halvo Bay collapses in fetchingly rendered flames around their ears - and so, in a sense, is the Gears of War series at large.
From:
www.oxm.co.uk
| Gears of War: Judgment - GR Review
Added: 17.03.2013 20:50 | 14 views | 0 comments
Just another cog in the war.
When Marcus Fenix hung up his doo-rag, shaved his soul patch, and called it a day at the end of Gears of War 3, I nearly shed a manly tear with him. "What's left, Anya?", indeed. The COG army had warred with the Locusts for five long years, and the Pendulum Wars took as many, if not more, lives before that. While Marcus, Anya, Dom (lol), and others get to stay at their Island getaway a little longer, Baird and Cole have been sent back in time to the initial underground-monster onslaught.
With a few new friends, the second-string Gears get starring roles and maybe even a chance to get emotional too. People Can Fly, of Bulletstorm fame, and Epic Games teamed up to reach deep and feed their fan base one more game. Can the formula continue to pay off, or is it time to take this war machine to the shop?
Tags: Games, Wake, When, Island, With, Jump, Epic, While, Code, Gears, Judgment, BairdFrom:
www.gamerevolution.com
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