Electronic Arts: John Riccitiello (CEO)
Why this was a big quit:
Electronics Arts is the world’s third-largest gaming company, after Nintendo and Activision Blizzard. John completed several major strategic acquisitions and became a solid player in the Massively Multiplayer Online (MMO) game market. EA is leading the hyper-growth mobile segment with hits that you know you’ve played at work like Bejeweled, SCRABBLE and Plants v. Zombies.
Why this is not as big as our Top 10:
John faced criticism on, and took an admirable “100% accountability for”, the financial difficulties of EA since 2007. Stock price hovered around one-third of prerecession, and net revenue is still very thin as more free game options delay (and erode) revenue. There was also reputational damage from weak game storylines, simplification, and in-game cash options, all of which contributed to Consumerist’s label of “Worst Company of 2012″. Hyperbole aside, Riccitiello’s “Game Over” could be seen a powerup for EA.