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Posts tagged mark-pincus

Zynga founder Pincus steps down, Xbox Live GM to head Zynga Studios

Zynga Co-Founder Mark Pincus is stepping down as Chief Product Officer of Zynga, the social gaming company announced alongside its first quarter 2014 financial results today. Pincus will continue to serve in a non-operational capacity as Zynga's Chairman of the Board, a role he held in addition to...

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Zynga co-founder Pincus 'pretty bored with all games'

When asked what his favorite game was during a recent rooftop Q&A event in Tel Aviv, Israel, Zynga co-founder Mark Pincus declined to answer, instead noting that he is "pretty bored with all games." Asked to clarify, Pincus noted that he was previously addicted to Zynga-published social...

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Zynga aims to keep execs with bigger salaries, bonuses

Zynga will implement new executive pay schemes in 2013, effectively doubling the salaries of many key executives. Bonuses will now be tied to performance, increasing maximum payout potential for the top brass. In addition to this, Zynga co-founder and head honcho Mark Pincus has lowered his annual...

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Zynga CFO quits for senior finance job at Facebook, more changes

Zynga's Chief Financial Officer Dave Wehner has resigned to take a senior finance position at Facebook, causing a wave of corporate changes at Zynga. The most notable shift places Mark Vranesh, the former CFO who was demoted when Wehner joined Zynga in 2010, back into his previous role alongside...

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Zynga CEO Mark Pincus: Boston closing, Austin reducing, 5% of full-time staff laid off

Zynga is laying off 5 percent of its full-time workforce, closing its Boston studio and significantly reducing staff at its Austin studio, CEO and founder Mark Pincus writes in a letter to employees. Zynga is proposing closures of its Japan and UK studios, retiring 13 older games and...

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Zynga COO John Schappert resigns

Zynga's chief operations officer John Schappert has resigned, according to Fortune. This announcement comes just barely one week after Schappert's responsibilities at the developer were revised to no longer include the oversight of game development. Schappert's departure is effective immediately....

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Zynga betting on real money-based gambling in games, starting in 2013

Zynga's getting into real money gambling in the first half of 2013, says CEO Mark Pincus. The company head announced as much during an investor call yesterday; he wasn't able to nail down where the service will launch first, as it'll need to pass various online gambling reviews before being allowed...

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Zynga executives unloading 20 million shares in secondary offering

Zynga is prepping for its upcoming secondary stock offering, which will put 43 million shares of the company up for sale -- 20.2 million of which are "Class B" shares that currently belong to the high ranking Zynga executives. In descending order of shares being sold, cofounder Mark Pincus is...

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Zynga CEO: company building cross-platform cloud compatibility

We've already heard from Zynga how the company plans expand its scope a little bit from its very popular Facebook-only titles. Zynga founder Mark Pincus says in an interview with Om Malik that its policy extends to current tech being built to share saves across the cloud. "In other words, you can...

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Zynga responds to copycat claims, NimbleBit rebuts

"You should be careful not to throw stones when you live in glass towers," Zynga head Mark Pincus said in a recent VentureBeat interview, firing back at recent criticisms of his company's games for being copycat versions of already released games. His cheeky comment is specifically targeted at...

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