Zynga has hired David Lee, former vice president of corporate finance at Best Buy. In the company of Mark Pincus (Mark Pincus) David took over as Chief Financial Officer, replacing Mark Vranesh.
The reasons for Mark Vranesh’s departure are not reported.
For the first time, the former and current CFO will work together: there will be a smooth transfer of cases from the first to the second.
It is difficult to talk about how the company is doing at the moment. Throughout 2013, the company closed its internal studios. It is expected that the situation will clear up on April 23, after the appearance of the financial report on the results of the first quarter of 2014.
A source: http://www.gamesindustry.biz/
Zynga is a pioneer company in the social gaming market. It was founded in 2007. She earned her start-up capital at Texas Hold’em Poker (now Zynga Poker). In 2008, she raised an investment of $29 million, which allowed her to acquire MyMiniLife, which at that time had just completed the Farmville time manager. In 2011, Zynga successfully entered the IPO, raising more than $1 billion during the placement of shares. Then the company continued its policy of acquiring promising companies. This led to a severe drop in income. As a result, in the summer of 2013, the founder of the company, Mark Pincus, resigned as CEO, giving way to the former head of Microsoft’s entertainment division, Don Mattrick.