New CEO Wilson Envisions EA As 'World's Greatest Games Company'
REDWOOD CITY (CBS/AP) -- Electronic Arts Inc. tapped an insider to lead the company when it named Andrew Wilson as its new CEO.
Wilson outlined his mission in a blog post, writing: "I envision EA as the World's Greatest Games Company. This is not about what we are aiming for or what we will become. Rather, it is about an unfaltering commitment to what we will be every day. This is an attitude that must drive our culture as one team."
Wilson joined the video game publisher in 2000 and is the company's executive vice president of EA sports and its online portal for digital games and services. EA's current CEO — Larry Probst — will continue to serve as the company's executive chairman for an indefinite period.
The Redwood City company's announcement came Tuesday after a six-month search. Its former CEO John Riccitiello stepped down in March due to "shortcomings" in the company's performance.
EA and other traditional video game companies are trying to adjust to changing consumer preference for mobile devices and cheap, or free, online games instead of buying expensive packaged titles.
The company behind popular game franchises such as "Madden," ''Need for Speed" and "Battlefield" has cut costs and improved its focus on mobile and digital business to help survive. Profit in its latest quarter, which ended in June, increased 10 percent to $222 million.
Wilson said in his online statement that the company made strong gains in the first half of the year but still needs to finish the job. He plans to provide more details in the coming weeks on the plans to improve the company's future.
Probst said that Wilson's appointment reflects the board's belief that the company is on track to become the global leader in interactive games and services.
(Copyright 2013 CBS San Francisco. All rights reserved.)