Live Breaking News & Updates on Andrew Wilson|Page 10
Stay updated with breaking news from Andrew wilson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Surfer has geared a major turnaround with ea announcing record earnings in 2017. Joining me today on bloomberg studio 1. 0, Electronic Arts ceo Andrew Wilson. Lets start at the beginning of your time at ea. 2013, the company was struggling financially. The consumerist name to the Worst Company of the year two years in a row, but today, it is different. You have reported record profits. What did you do differently . Andrew i have been in the company 2000. In 2013, they made me ceo. Emily i dont think that is quite true. Andrew somewhere in there is some truth. We had struggled. It wasnt because we were a bad company or made bad games. We said, what is the most important thing . Who facilitates us to do what we love . That is the player. We started every conversation for the longest time and continuing today is, is this goo ....
David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . After 16 years as the ceo of ge, you have stepped down. Is a big burden off your shoulders now . Jeffrey i do think if you are doing the job well, you feel ownership and you wear that 24 hours a day, seven days a week. Look, 16 years is a long time, i am starting to feel a little bit of decompression. David do you think it is too long to run a publicly traded company . Jeffrey i think there is a right time and wrong time in terms of doing it. A company of our size, you have to do it long enough to make a difference, shape strategy. At the same time, it is good to get a new set of eyes on these things. As things change, you develop habits. Are you listening as closely as you need to . Personally, 16 years is the oute ....
Joining me today on bloomberg studio 1. 0, Electronic Arts ceo Andrew Wilson. Lets start at the beginning of your time at ea. 2013, the company was struggling financially. The consumerist named you the Worst Company of the year two years in a row, but today, it is different. You have reported record profits. What did you do differently . Andrew i have been in the Company Since 2000. In 2013, they made me ceo. Emily i dont think that is quite true. [laughter] andrew somewhere in there is some truth. We had struggled. It wasnt because we were a bad company or made bad games. We said, what is the most important thing . Who facilitates us to do what we love . That is the player. We started every conversation for the longest time and continuing today is, is this good for t ....
Is this a couple of isolated cases or the start of something broader . Right now it still seems more isolated. Clearly the tax package will create winners and losers. Tax reform has to happen. If it doesnt happen, it gets ugly. Stock markets get ugly. Everything gets ugly very fast. It is no longer agreement for a green light, for credit markets. It is more yellow. There are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. Youre not getting paid an awful lot. As an investor you have to be careful. Buying quality. These days when the markets rollover it feels volatility needs to rise. Maybe that is what we are seeing. My concern is what if the market goes to 260 . That could be interesting. That is a genuine competitor to the credit market. That is where i think the bleed could be more systemic. The 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years is sustainable ....
Record earnings in 2017. Joining me today on bloomberg studio 1. 0, Electronic Arts ceo Andrew Wilson. Lets start at the beginning of your time at ea. 2013, the company was struggling financially. The consumerist named you the Worst Company of the year two years in a row, but today, it is different. You have reported record profits. What did you do differently . Andrew i have been in the Company Since 2000. In 2013, they made me ceo. Emily i dont think that is quite true. Andrew somewhere in there is some truth. We had struggled. It wasnt because we were a bad company or made bad games. It is because we lost our focus. We said, what is the most important thing . Who facilitates us to do what we love . Make games. That is the player. We started every conversation for t ....