Menu
Zynga founder Mark Pincus gives up day-to-day duties

Zynga founder Mark Pincus gives up day-to-day duties

Zynga's founder will remain the chairman and largest shareholder

Mark Pincus, who founded Zynga in 2007 and gave up his CEO title less than a year ago, is now giving up all his operational duties at the company.

Pincus will give up his title as chief product officer -- a role he stepped into just last July as the game company took a renewed focus on mobile. Pincus will stay on as Zynga's non-executive board chairman, the company announced on Wednesday.

Pincus will keep an office at Zynga and will be active in supporting the company, but he will not have an operating role, he said in a blog post of his own.

Pincus will also remain Zynga's largest shareholder, he noted.

The changes take effect immediately. A Zynga spokeswoman declined to comment further.

"I would like to thank Mark for his dedicated service to Zynga players, employees and shareholders since the company's founding in 2007," said CEO Don Mattrick, in a statement announcing the change alongside the company's first-quarter earnings results.

Zynga's sales for the period ended March 31 dropped by more than 35 percent compared to the same period last year, to US$168 million.

While at the company's helm, Pincus oversaw the development and growth of popular games such as "FarmVille," "Words With Friends" and "Zynga Poker."

Zynga's platform was originally tied to Facebook. Now the company is trying to stand out on its own and distinguish itself from a growing field of other mobile players, such as King.com, maker of "Candy Crush Saga."

Pincus' operational departure follows other management reshuffling at Zynga as the gaming company struggles to find its footing. Once one of Silicon Valley's hottest companies, Zynga has seen its user base dwindle in recent years as competition has grown, especially in mobile. To reduce costs, Zynga announced a number of layoffs last year. Mattrick, who formerly headed Microsoft's Xbox business, was brought on as CEO last year to turn things around.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Internet-based applications and servicesMobile gamesGame platformsZyngagamessocial networkingonline servicessocial mediainternetgame software

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments