Larry Probst

Larry Probst

Larry Probst in Sochi, February 2014
Born Lawrence F. Probst III
(1950-06-03) June 3, 1950
Education Business administration
Alma mater University of Delaware
Occupation Chairman, Electronic Arts
Chairman, United States Olympic Committee
Known for Extensive work with and employment with Electronic Arts
Board member of Electronic Arts
Spouse(s) Nancy Probst
Children 2

Lawrence F. "Larry" Probst III is an American businessman who is best known for his work with the video game maker Electronic Arts, including acting as CEO from 1991 until 2007 and as executive chairman from 2013 to 2014.[1][2] He remains chairman of EA and serves as chairman of the United States Olympic Committee.

Life

Probst was born on July 6, 1950. He is the son of Ruth (née Gallagher) and Lawrence F. Probst, Jr.[3] He has a wife, Nancy, and two sons, Scott and Chip. Probst went to college and graduated with a bachelor's degree from University of Delaware.

Entertainment career

Probst worked for Johnson & Johnson and Clorox before being recruited into the video game industry through Activision in 1982. Two years later he joined EA as vice president for sales until 1986. He then took on the role of the company's senior vice president of the publishing division from 1986 to 1990. Probst became president of Electronic Arts from 1990 to 1997. During this time, he was also pronounced CEO of Electronic Arts in 1991, which he held onto 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."[4]

When president and chief operating officer John Riccitiello resigned in April 2004, Probst became his successor. Riccitiello was re-hired as CEO in 2007, Probst then retained his non-operational duties as chairman. He then worked as executive chairman of Electronic Arts Inc. from March 18, 2013, to January 1, 2015, and former chief executive officer of the company.

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. Probst sits on the boards of two cancer research groups: the V Foundation[5] and ABC2.[6]

In addition to his work at Electronic Arts, Probst also served as the chairman of Digital Entertainment Corporation of America.[7]

Olympic career

In 2008, he was made the U.S. Olympic Committee[8] chairman of the board. Five years after his appointment as chairman of the USOC, Probst was elected as an IOC member at the 125th IOC Session in Buenos Aires in September 2013.[9] Larry Probst has worked with many other IOC groups as well. Probst has served on the IOC International Relations and the IOC Radio and Television Commissions. Probst also assumed the position of chair of the IOC Press Commission in 2014.

References

  1. ↑ Grubb, Jeffrey. "EA Sports chief Andrew Wilson is Electronic Arts' new CEO". VentureBeat. Retrieved 19 September 2013.
  2. ↑ "Longtime exec Larry Probst to leave EA, but remain on its board".
  3. ↑ http://www.chron.com/CDA/archives/archive.mpl/obits_4356043/probst.html
  4. ↑ "75 Power Players". Next Generation. Imagine Media (11): 70. November 1995.
  5. ↑ Board of Directors from the V Foundation website
  6. ↑ Accelerate Brain Cancer Cure Leadership from ABC2 website
  7. ↑ http://www.bloomberg.com/research/stocks/people/person.asp?personId=175326&ticker=EA&previousCapId=27963&previousTitle=Electronic%2520Arts%2520Inc.
  8. ↑ http://www.teamusa.org/About-the-USOC/Inside-the-USOC/Leadership/Board-of-Directors/Larry-Probst
  9. ↑ IOC Session elects nine new members

External links

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