Don Mattrick
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Zynga Drops 8% After Hours On News That Former CEO Mark Pincus Will Return To Lead The Firm
He’s back. Today, following the cessation of trading, Zynga announced that its former CEO Mark Pincus will return to the role. Now-prior CEO Don Mattrick is out of two chairs: The one atop the company’s leadership structure and his seat on the board. The company’s shares fell more than 10 percent in the wake of the news, but have since recovered to a more modest negative… Read More
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New Zynga CEO Mattrick’s Package Is Worth About $50M In Stock, Options & Salary
New Zynga CEO Don Mattrick, who just left Microsoft to fix the ailing social gaming company, is getting incentivized heavily with stock for his new gig. He starts with a sign-on bonus of $5 million, a base salary of $1 million, then gets a pro-rated minimum annual bonus that is either worth 200 percent of his salary or the average bonus percentage for the rest of the company’s… Read More
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Can Pincus Still Make Zynga An “Internet Treasure”?
“An Internet Treasure is something that consumers can’t remember what life was like before they had it,” Mark Pincus told Y Combinator’s Startup School in 2009. Then, Zynga had hit titles and cash flowing in. Today, Zynga’s shares sit at a third of their IPO price and it lacks a blockbuster game. With the arrival of Don Mattrick as CEO, if Zynga wants to become… Read More
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