Well, now we have a better idea as to why the CFO of video game publisher Electronic Arts (NASDAQ: ERTS) was leaving the company. McAfee, Inc. (NYSE: MFE) just announced after the close that its CFO Eric Brown is resigning from the company to become CFO of Electronic Arts.
McAfee was the one caught off guard it appears. The company said it has begun a search for a permanent CFO from internal and external candidates.
Jon C. Ogg
March 27, 2008
Jon Ogg produces the Special Situation Investing Newsletter and can be reached at firstname.lastname@example.org; he does not own securities in the companies he covers.