PlayStationLifeStyle.net is a property of Mandatory, been appointed as the company's Executive Vice President and Chief goods to mobile, social and free-to-play. and earned his MBA at Harvard Business School in 1988. Securities, MAC Group/Gemini Consulting and Marakon Associates. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Headquartered in Redwood City, California, EA is recognized for a Jorgensen added that people “sometimes get hung up” and focus only on short-term developments. Net income -- adjusted to exclude nonrecurring tax benefits -- of approximately $1.1 billion, up 7%. Prior to Thomas Weisel Partners, Mr. Jorgensen held roles at Montgomery information about EA is available at http://info.ea.com. joining our senior team at EA," said EA CEO John Riccitiello. The comment came from EA CFO Blake Jorgensen, who responded to a question about future acquisitions, including acquisitions involving "big assets." this an incredibly exciting time to join the game industry," said Blake In a recent earnings call following the publication of its financial report, Chief Operating Officer and Chief Financial Officer Blake Jorgensen revealed that EA is already doing things that’ll “blow people’s minds.”, “I don’t want to get ahead of our great partners Microsoft and Sony, but you should assume that the power of those consoles is going to be a lot better than the power of the existing consoles, which means a really simple thing: we can do a lot more,” said Jorgensen. EA has more than 220 million registered Today, during Electronic Arts’ quarterly financial conference call for analysts and investors, chief financial officer Blake Jorgensen talked about possible acquisitions. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence. Blake has 4 jobs listed on their profile. An expanding global player base, new platforms, new business models and more ways to play and watch are fueling tailwinds for the industry. Jorgensen. Jorgensen concluded by saying that although it’ll be “fun and great” to see how EA’s existing games will evolve over the next generation, the company wants to see how new games will be developed with “that much higher power.”. With this backdrop, the core drivers of growth for EA are: the depth and breadth of our portfolio and [intellectual property], our expertise in live services, our leadership in subscriptions, and competitive gaming that expands our reach and drives deeper engagement. Weisel Partners, which he co-founded in 1998. players and operates in 75 countries. Image source: Getty Images. Now, Joe’s mission is to pass on what he’s learned -- and what he continues to learn -- as a contributing writer to Fool.com. Financial Officer. However, this included a nonrecurring tax benefit of $1.08 billion. understanding of finance and experience in online commerce and Electronic Arts Inc. today announced Blake Jorgensen has been appointed as the company's Executive Vice President and Chief Financial Officer. In fiscal 2012, EA posted GAAP net revenue of $4.1 billion. During a conference call with analysts, CEO Andrew Wilson highlighted some key trends that are driving EA's expansion: Interactive entertainment continues to grow. Electronic Arts’ executives have expressed their excitement about the PlayStation 5 and Xbox Series X, noting that increased power of next-gen consoles will allow developers to do “a lot more” with their video games.

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