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Larry Probst

From Wikipedia, the free encyclopedia
American businessman
Larry Probst
Probst in Sochi, February 2014
Born
Lawrence Francis Probst III

(1950-06-03)June 3, 1950 (age 75)
EducationBusiness administration
Alma materUniversity of Delaware
OccupationsCEO,Electronic Arts
Chairman,U.S. Olympic Committee
Board member ofElectronic Arts
SpouseNancy Probst
Children2

Lawrence Francis Probst III[1] (born June 3, 1950) is an American businessman who served as CEO of video game publisherElectronic Arts from 1991 until 2007, and as executive chairman from 2013 to 2015.[2][3] He continued to serve aschairman of the board of EA until 2021, when he was succeeded by CEOAndrew Wilson. Probst also served as chairman of theUnited States Olympic Committee until 2019.

Life

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Probst was born on July 3, 1950 to Ruth (née Gallagher) and Lawrence Francis Probst II.[4] He and his wife Nancy have two sons. Probst earned a bachelor's degree from theUniversity of Delaware.[5][6]

Entertainment career

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Probst worked forJohnson & Johnson andClorox before being recruited into thevideo game industry throughActivision in 1982.

Electronic Arts

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In 1984 Probst joined EA as vice president for sales, a position he held until 1986. He then took on the role of the company's senior vice president of the publishing division from 1986 until 1990. Probst was promoted to president ofElectronic Arts in 1990, remaining in that position until 1997. In 1991, Probst also became CEO ofElectronic Arts, a position he held until April 2007.

Next Generation named his one of the "75 Most Important People in the Games Industry of 1995", remarking that "Probst may not be as colorful a character as his predecessor [Trip Hawkins], but he does seem adept at combining the freedom and daring of creativity with the restraints and common sense of a commercial operation."[7]

Whenpresident andchief operating officerJohn Riccitiello resigned in April 2004, Probst became his successor. Riccitiello was re-hired as CEO in 2007, Probst retained his non-operational duties as chairman. He then worked as executive chairman of Electronic Arts from March 18, 2013, to January 1, 2015.[2][3]

According to EA's 2005 Annual Report, Probst is the biggest individual shareholder in EA, owning 739,761 shares and the right to acquire a further 3.1 million, which combined accounts for 1.2 percent of the company.

In addition to his work atElectronic Arts, Probst also served as the chairman of Digital Entertainment Corporation of America.[8] Probst sits on the boards of two cancer research groups: theV Foundation[9] and ABC2 (Accelerate Brain Cancer Cure).[10]

Olympic career

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In 2008, Probst was made chairman of the board of theU.S. Olympic Committee.[11] Five years after his appointment as chairman of the USOC, Probst was elected as anIOC member at the125th IOC Session inBuenos Aires in September 2013.[12] Probst worked with many other IOC groups as well. Probst has served on the IOC International Relations and the IOC Radio and Television Commissions. He assumed the position of chair of the IOC Press Commission in 2014.[13] At the end of 2018 Probst retired from his IOC and USOC positions.[14]

References

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  1. ^"Lawrence Francis PROBST III - Personal Appointments (free information from Companies House)".Beta.companieshouse.gov.uk. Retrieved2017-03-10.
  2. ^abGrubb, Jeffrey (17 September 2013)."EA Sports chief Andrew Wilson is Electronic Arts' new CEO". VentureBeat. RetrievedSeptember 19, 2013.
  3. ^abNutt, Christian (2014-12-08)."Longtime exec Larry Probst to leave EA, but remain on its board".Gamasutra.com. Retrieved2017-03-10.
  4. ^"Welcome to nginx!".www.chron.com. Archived fromthe original on 19 January 2013. Retrieved2 February 2022.
  5. ^"Alum Probst appointed chairman of U.S. Olympic Committee".1.udel.edu. RetrievedMay 24, 2019.
  6. ^"Lawrence F. Probst III-Chairman of the Board".ea.com. RetrievedMay 24, 2019.
  7. ^"75 Power Players".Next Generation (11).Imagine Media: 70. November 1995.
  8. ^"Lawrence F. Probst III".bloomberg.com. RetrievedMay 27, 2019.
  9. ^"Board of Directors". Archived fromthe original on December 7, 2008. RetrievedMay 27, 2019.
  10. ^"Board of Directors Accelerate Brain Cancer Cure". Archived fromthe original on June 1, 2009. RetrievedMay 27, 2019.
  11. ^"Larry Probst | USOC Board of Directors".Teamusa.org. Archived fromthe original on September 2, 2013. Retrieved2017-03-10.
  12. ^"IOC Session elects nine new members - Olympic News".Olympic.org. 2013-09-10. Retrieved2017-03-10.
  13. ^"2015 - COMMISSIONS OF THE IOC"(PDF). Olympic IOC Commissions. p. 6. Retrieved2018-10-01.
  14. ^Owen, David (January 6, 2019)."IOC membership dips back below 100 mark as constructive critics retire". RetrievedMay 27, 2019.

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