The DeanBeat: EA prospers by thinking about gamers

Andrew Wilson’s reign as the chief executive of Electronic Arts has certainly been good for investors.

At EA’s annual meeting last week, shareholders didn’t ask any questions. In years past, the meeting had the inevitable queries from frustrated investors awaiting a turnaround. Wilson became the chief executive of Electronic Arts in September 2013, after the giant video game publisher suffered a couple of years in a row as the winner of “most hated company in America” award and five years of stock price stagnation. Since Wilson became CEO, the stock has nearly tripled, and EA’s value is $21.1 billion, more than its arch rival Activision Blizzard, which is worth $20.4 billion. EA’s stock price has been trading at a 10-year high for the past three months.