Yet Another Flees Zygna’s Implosion
Tricia Duryee, Zynga Marketing Chief Jeff Karp Steps Down
Jeff Karp, Zynga’s chief marketing and revenue officer, is resigning from the social games company.
Karp is the latest in a string of executives who have left the company in what is becoming a widespread restructuring.
Actually, it’s irrelevant who specifically is leaving Zygna, which looks like a dog with fleas, these days. What is important is that an entire cadre of management is either being pushed out or running away from the imploding social games company.
The only real question is who at Zygna will stay and turn things around, if that is even possible. Last month, Mark Pincus, Zygna’s CEO, issued new stock options to full-time staff in an effort to get them to stay. Given the hunger for talent in Silicon Valley, options in a company trading at $2.82 just won’t have the sizzle they did in March, when Zygna was trading at almost $16 per share.
- Executive turnover continues: Zynga loses its chief marketing officer Jeff Karp (venturebeat.com)
- Zynga Marketing Chief Jeff Karp Departing Amid Stock Slump - Bloomberg (bloomberg.com)
- Zynga Marketing Chief Jeff Karp Is the Latest to Exit (allthingsd.com)
