Curious: It's in Electronics Arts CEO John Riccitiello's best interest to get the company's board replaced, or the company sold. If only he were working at Yahoo, Microsoft would have a much easier time of things. EA has penned a "Key Employee Continuity Plan," a nice little safety net for its executives. If Riccitiello is fired without cause after a change in corporate control, he would receive $2.3 million. And 18 months of health coverage. God knows insurance can be expensive.
Who knew EA had so much money to spare for a chap who owns $37 million worth of EA stock, including options? EA continues to bleed cash, lay off workers, and shut down studios. And yet it can take care of Riccitiello.