A trio of vice presidents have resigned from the struggling social game developer in the past month, sources tell Bloomberg. July 29, 2013 11:15 PM PDT (Credit: Zynga) Three top executives have reportedly left Zynga in the past month, the latest in a stream of executive exits from the troubled social games maker. John Osvald, a senior vice president of games; Jesse Janosov, a vice president who ran Zynga's casino division; and Nathan Etter, a vice president of games, all resigned from the company this month, sources familiar with the matter told Bloomberg. Etter has since joined Disney Interactive as a vice president, according to his LinkedIn profile. Related stories New Zynga CEO plans to take Candy Crush's sweet spot Zynga beats Street but ditches real-money gambling license Zynga's real-money gambling said to be coming to Facebook The revelation comes as new CEO Don Mattrick completes his first month at the helm of the game developer, replacing founder Mark Pincus after leading Xbox for Microsoft. The departures add to an executive exodus from the struggling company that has seen more than a dozen top-level employees depart in the past year, including COO and board member John Schapper. Zynga, which reported declining second-quarter revenue and bookings last week, continues to lose users. The company reported 39 million daily active users for the second quarter, a figure that's down 45 percent from last year. Monthly active user went down by 39 percent to 187 million. CNET has contacted Zynga for comment and will update this report when we learn more.

Posted by : Unknown Tuesday, July 30, 2013

A trio of vice presidents have resigned from the struggling social game developer in the past month, sources tell Bloomberg.



July 29, 2013 11:15 PM PDT



(Credit: Zynga)


Three top executives have reportedly left Zynga in the past month, the latest in a stream of executive exits from the troubled social games maker.


John Osvald, a senior vice president of games; Jesse Janosov, a vice president who ran Zynga's casino division; and Nathan Etter, a vice president of games, all resigned from the company this month, sources familiar with the matter told Bloomberg. Etter has since joined Disney Interactive as a vice president, according to his LinkedIn profile.



The revelation comes as new CEO Don Mattrick completes his first month at the helm of the game developer, replacing founder Mark Pincus after leading Xbox for Microsoft. The departures add to an executive exodus from the struggling company that has seen more than a dozen top-level employees depart in the past year, including COO and board member John Schapper.


Zynga, which reported declining second-quarter revenue and bookings last week, continues to lose users. The company reported 39 million daily active users for the second quarter, a figure that's down 45 percent from last year. Monthly active user went down by 39 percent to 187 million.


CNET has contacted Zynga for comment and will update this report when we learn more.



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