Colorado Springs, CO -- (Sports Network) - Larry Probst, a longtime executive of video game giant Electronic Arts, has been named the new chairman of the United States Olympic Committee.

The 58-year-old Probst replaces ex-baseball commissioner Peter Ueberroth, who will continue his service to the organization as president in an honorary capacity for two years.

Probst was unanimously elected to the position for a four-year term during a USOC Board of Directors conference call Thursday.

"I am honored to have the opportunity to serve an organization and a movement that makes such a significant difference in our world today," Probst said. "This is a movement built upon the spirit and dedication of athletes, and the selfless commitment of volunteers. By working closely with my fellow board members, the USOC staff and the greater Olympic family in our country, my goal as chairman is to preserve and strengthen opportunities for all those who wish to participate in this important endeavor."

Ueberroth has been a central figure at Chicago's attempt to get the 2016 Summer Olympics. His new efforts will focus on that bid.

"As the first chairman under our new governance structure, Peter's leadership and vision has been instrumental in creating momentum and credibility for the Olympic Movement in the United States," USOC CEO Jim Scherr said. "I look forward to working closely with Larry and the Board of Directors in building upon the foundation Peter has helped established and driving further success for our organization as we approach Vancouver (2010) and London (2010)."

Probst is chairman of the board of directors of Electronic Arts (EA), the world's leading developer and publisher of interactive entertainment. He joined EA in 1984. During his tenure as CEO, the company grew its annual revenue from $175 million in 1992 to roughly $3 billion in 2006 and expanded international operations to more than 75 countries.