Recently, John Riccitiello stepped down from his position as CEO of VG Holdings to become the CEO of Electronic Arts, a post he left  in 2004 to co-found Elevation Partners, responsible for the merger of BioWare/Pandemic Studios. Although Riccitiello's new appointment will take place this coming April 2, analysts are already saying that Riccitiello's appointment is a good thing for Electronic Arts. 

In a note to investors, Lazard Capital Markets said that, 

Overall, we view the appointment as a positive given Mr. Riccitiello’s tenure in the video game business, familiarity with Electronic Arts, and prior CEO-level experience. While it is too early to judge what impact there will be on the company (and the executive ranks) as a result of the appointment, we believe Mr. Riccitiello is well respected within the company and the industry.

Electronic Arts continues to be profitable for investors, and a giant in the gaming industry.

Greg Richardson has big shoes to fill as he takes the CEO post of VG Holdings. VG Holdings is the operating company of the merged giant dev, BioWare/Pandemic. John Riccitiello has stepped down from the post and has returned as the CEO of Electronic Arts.

The BioWare (Mass Effect)/Pandemic (Mercenaries 2) merger was made possible by Elevation Partners (Riccitiello being a co-founder). Richardson has been working as a senior exec since the merge and according to Roger McNamee is "natural choice to work with the BioWare/Pandemic executives as they come to create award-winning titles and expand their talent base."

Well, the gaming industry's top guns get shuffled and the world will keep on turning. Let's hope that Bioware/Pandemic's vision comes true - and more great titles for us.