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Electronic Arts Names Chris Suh as Chief Financial Officer
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Electronic Arts (NASDAQ: EA) has appointed Chris Suh as its new Chief Financial Officer, effective March 1. Suh replaces Blake Jorgensen, who is stepping down after nearly a decade. Suh brings over 25 years of experience from Microsoft, where he played a key role in financial leadership within the Cloud + AI group. His responsibilities at EA will include managing Accounting, Financial Planning, Investor Relations, and more. EA reported GAAP net revenue of $5.6 billion in fiscal year 2021, focusing on digital interactive entertainment.
Positive
Appointment of Chris Suh brings extensive experience from Microsoft, likely enhancing EA's financial strategies.
Suh's past leadership in high-growth segments could facilitate EA's business transformation.
Negative
None.
Microsoft’s Cloud + AI Group Finance Leader Brings More Than Two Decades of Global Finance Leadership in High-Growth Segments
REDWOOD CITY, Calif.--(BUSINESS WIRE)--
Electronic Arts Inc. (NASDAQ: EA) today named Chris Suh the company’s new Chief Financial Officer, effective March 1. He will replace Blake Jorgensen, who previously announced he is stepping down after nearly a decade of financial leadership at Electronic Arts. Mr. Jorgensen will remain with the company until the summer to assist with the transition and special projects. Mr. Suh will report to Chairman and CEO Andrew Wilson as part of the company’s executive leadership team, and will be responsible for EA’s Accounting, Financial Planning and Analysis, Financial Reporting, Investor Relations, Global Audit, Payroll, SEC Reporting, Tax, and Treasury functions.
Electronic Arts Names Chris Suh as Chief Financial Officer (Photo: Business Wire)
Mr. Suh joins Electronic Arts from Microsoft, where he currently serves as Corporate Vice President and Chief Financial Officer of the Cloud + AI group. In that capacity, he has overseen rapid growth and transformation in the Azure and Dynamics businesses to achieve significant scale and improved operational and financial rigor, while completing numerous successful acquisitions and strategic partnerships. He has more than 25 years of experience at Microsoft in a wide variety of senior roles, and has been a strategic leader in the company’s growth as a cloud-first business.
“Chris is an exceptionally qualified leader joining us as we accelerate and transform our business for a socially-connected, cloud-enabled future,” Mr. Wilson said. “I look forward to having Chris as a strategic partner, bringing his extensive experience driving scale and growth to help us achieve our goals. We’re thrilled to welcome him to our executive leadership team at Electronic Arts.”
“I’m incredibly energized to join a world leader in interactive entertainment at a time of such growth and transformation in the industry,” Mr. Suh said. “EA’s bold vision for the future – to connect hundreds of millions of players through social ecosystems with powerful IP at the center – is very compelling. I’m excited to help the company accelerate into this vision and its next phase of growth.”
Mr. Suh has served as Microsoft’s Chief Financial Officer of Cloud + AI since January 2018. Previously, he was General Manager, Investor Relations, from January 2013 to January 2018, where he was responsible for all aspects of shareholder and analyst relations. Prior to that, he served in a wide variety of finance leadership roles, including working with global sales teams and channel partners, FP&A and internal audit.
Before joining Microsoft, Mr. Suh spent four years at PricewaterhouseCoopers. He has a BA in Accounting and Finance from the University of Washington and an MBA from UW’s School of Business. He also serves on the Board of Directors and Audit Committee of Cardlytics.
About Electronic Arts
Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers.
In fiscal year 2021, EA posted GAAP net revenue of $5.6 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS™ FIFA, Battlefield™, Apex Legends™, The Sims™, Madden NFL, Need for Speed™, Titanfall™, Plants vs. Zombies™ and F1®. More information about EA is available at www.ea.com/news.
