Item 2.02 Result of Operations and Financial Condition.
On August 4, 2021, Electronic Arts Inc. ("Electronic Arts" or "EA") issued a
press release announcing its financial results for the first fiscal quarter
ended June 30, 2021. A copy of the press release is attached hereto as Exhibit
99.1.
Neither the information in this Form 8-K nor the information in the press
release attached hereto as Exhibit 99.1 shall be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 4, 2021, Kenneth A. Barker, EA's Senior Vice President and Chief
Accounting Officer announced his intention to retire. As a result, effective as
of August 13, 2021, Mr. Barker will step down as Chief Accounting Officer but
plans to remain with the Company as Senior Vice President of Finance through
Spring 2022. On August 4, 2021, EA appointed Eric Kelly, 49, to the position of
Chief Accounting Officer, effective as of August 13, 2021. Mr. Kelly joined EA
in 2003 and has served as Vice President and Worldwide Controller since 2014.
Prior to his appointment as Worldwide Controller, Mr. Kelly held positions of
increasing responsibility in EA's finance organization, including leadership
roles in EA's European and Asia-Pacific finance operations. Mr. Kelly is a
Certified Public Accountant and graduated from Villanova University with a B.S.
in accounting.
Mr. Kelly does not have any family relationship with any director or executive
officer of EA, or person nominated or chosen by EA to become a director or
executive officer, and he has no direct or indirect material interest in any
transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 8.01 Other Events.
On August 3, 2021, the Audit Committee of EA, on behalf of EA's full Board of
Directors declared a cash dividend of $0.17 per share of EA's common stock. The
dividend is payable on September 22, 2021 to stockholders of record as of the
close of business on September 1, 2021.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release dated August 4, 2021, relating to Electronic Arts Inc.'s
financial results for its fiscal first quarter ended June 30, 2021.
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