Larry Probst, Who Helped Define The DNA Of EA, Is Stepping Down

Electronic Arts has announced that Lawrence F. Probst III, the current chairman of the Board of Directors and former CEO of the company, is expected to retire. Probst informed the company on May 20 that he will not put his name in for re-election at the next stockholder meeting.

EA said in a government filing that Probst is stepping down on his own volition. "Mr. Probst's decision to not stand for re-election was not the result of any disagreement with management or the Board," EA said.

Probst has been an EA board member since 1991; he became chairman of the board in 1994.

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