Monday, July 1, 2013

Zynga, seeking salvation, names Microsoft Xbox head as CEO

Mattrick speaks during the Xbox E3 Media Briefing in Los Angeles By Gerry Shih and Malathi Nayak SAN FRANCISCO (Reuters) - Zynga Inc's decision to bring in the head of Microsoft Corp's Xbox business to replace founder Mark Pincus is a bold stroke that was hailed on Wall Street, but it still leaves questions as to who is ultimately in charge at the troubled game-maker. Don Mattrick was personally recruited by Pincus. But Pincus holds on to 61 percent of the voting rights due to a two-tiered stock structure and will remain Zynga's chairman and its chief product officer. ...








via Gaming News Headlines - Yahoo! News http://news.yahoo.com/zynga-seeking-salvation-names-microsoft-xbox-head-ceo-041945008.html

No comments:

Post a Comment