The presidency at LucasArts has a very short shelf life these days. LucasArts president Paul Meegan has stepped down from his position at LucasArts.
Mich Chau, President and Chief Operating Officer for Lucasfilm had the following to say:
Paul has been a valuable member of the Lucasfilm leadership team and we wish him the best in his future endeavors. We remain committed to our current projects and will be re-evaluating LucasArts’ leadership needs to ensure that we make the right decisions to keep the studio focused.
The decisions of every LucasArts president since Jim Ward has been to make massive layoffs and cancel projects upon their arrival. It remains to be seen if this vicious cycle continues, but history has shown us that it probably will.
Update: The Verge reports that there's two people filling in to co-lead the company, Kevin Parker as interim head of business operations and Gio Corsi as interim head of studio production.The idea of having two people run the company seems like a sensible one, keeping the business side and the creative side separate. It's unlikely that structure will continue when a permanent president is chosen, however.