Zynga Loses Another Two Executives


The exodus, for Zynga, continues. In addition to COO John Schappert and others, Allan Leinwant, Zynga’s CTO of Infastructure and Jeff Karp — its chief marketing and revenue officer — have now left Zynga, following a difficult second quarter that has seen the company’s stock plummet.

Many, not all of the above employees left Zynga following those poor second quarter results, reports Gamasutra. At the moment Zynga’s stock is sitting $2.80, slightly above its all time low of 2.66, but miles below it’s all time high of $15.91.

With Farmville 2 releasing this week, you’d perhaps expect to see the market respond positively, but it appears as though Zynga’s stock is in a tough spot. Just last month Bloomberg reported that options were being handed out to employees in an attempt to stop them from leaving the company.

Zynga loses two more as executive exodus continues [Gamasutra]


The Cheapest NBN 1000 Plans

Looking to bump up your internet connection and save a few bucks? Here are the cheapest plans available.

At Kotaku, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.

Comments


8 responses to “Zynga Loses Another Two Executives”

Leave a Reply

Your email address will not be published. Required fields are marked *