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Mark Pincus exits stage left at struggling Zynga

Tuesday, July 2, 2013

The one-time wonder boy behind the Internet game company who made a fortune upon its 2011 IPO a couple of nanoseconds before it tanked, is out as president. Don Matrick, who ran Microsoft’s videogame division, will run the San Francisco-based company as the new president. Pincus will stick around as chairman. Zynga, which has looked like a company waiting to die for awhile now, sells for about 30 cents on the dollar versus the IPO price. Mercury News


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