Zynga, seeking salvation, names Microsoft Xbox head as CEO


  • TECH
  • Tuesday, 02 Jul 2013

NEW ZYNGA LEADER: Mattrick, who is credited with building Microsoft's Xbox business into a gaming powerhouse, hesitated before agreeing to take the job, people with knowledge of the events said. — Reuters

SAN FRANCISCO: 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% of the voting rights due to a two-tiered stock structure and will remain Zynga's chairman and its chief product officer. 

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