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ZNGA Zynga Inc

8.18
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zynga Inc NASDAQ:ZNGA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.18 8.23 6.40 0 01:00:00

Zynga Chief Operating Officer Clive Downie Resigns

24/04/2015 12:17am

Dow Jones News


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By Josh Beckerman 

Zynga Inc. Chief Operating Officer Clive Downie has resigned, marking the second executive change for the game company this month after an April 8 announcement that Mark Pincus returned as chief executive to replace Don Mattrick.

Mr. Downie joined Zynga in late 2013 from social gaming company DeNA.

Zynga said in a filing that Mr. Downie notified the company Sunday of his resignation, effective that day.

Venturebeat reported Thursday that Mr. Downie is joining Unity Technologies as chief marketing officer.

Additionally, Zynga said former Genentech Inc. Chief Financial Officer Louis J. Lavigne Jr. will join its board.

Zynga's shares peaked in early 2012 following the release of popular Web-based games tied to Facebook such as "Farmville," but the company struggled to produce more blockbusters despite shifting focus in recent years to mobile games that consumers now prefer.

In after-hours trading, Zynga was down three cents to $2.50.

Zynga posted higher revenue and wider losses in the fourth quarter. Earlier this month, it reaffirmed its first-quarter revenue outlook of $155 million to $165 million.

Write to Josh Beckerman at josh.beckerman@wsj.com

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