News Byte

Former Yahoo and Zynga Exec Named President and COO of Audax Health

David Ko, who joined the board of Audax Health in September, has been named president and COO of the Washington, D.C.-based digital health development company. He’ll be based in the company’s San Francisco office. Before Audax, Ko was COO at gaming company Zynga and he also spent a decade at Yahoo in various senior roles.

Zynga Names Clive Downie as New COO

A new exec with a past in social and mobile gaming.
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Here’s Zynga’s New Executive Org Chart

A new org for a new regime under freshly crowned Zynga CEO Don Mattrick.
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Zynga to Restructure Top Ranks, Three C-Suite Execs to Depart

A big shake-up for Zynga’s highest management.
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Zynga Rejiggers Comp in a Bid to Retain Top Execs and Tie to Performance

Money makes the world go around, but can it turn around the online gaming giant?
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A Year After OMGPOP Sale, Zynga Exec Dan Porter Leaves

He drew something.
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Zynga CIO Debra Chrapaty Departs to Join Nirvanix as CEO

She has been replaced at the gaming company by Dorion Carroll.
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Zynga to Shutter More Offices, Lay Off Some Workers

More downsizing for the gaming company, though in the name of cost-cutting.
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News Byte

Zynga’s Stock Drops Nearly 12 Percent as Investors Cash Out

Zynga’s stock lost some of its gains in the new year today, sliding nearly 12 percent, or 43 cents, to $3.24 a share. There didn’t appear to be any specific reason for the drop, other than investors were taking advantage of the recent run-up to sell the stock (trading volume was three times higher than normal). The game company’s COO David Ko and CFO Mark Vranesh appeared at the Goldman Sachs Technology and Internet Conference this afternoon, where they mostly reiterated the company’s fourth-quarter results.

Zynga’s Plan: Make More Money, Spend Less

Zynga has a plan to generate additional revenue from mobile and real-money gaming while also saving money by cutting back on the number of games it plans to develop.
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Zynga Shows Investors It Has a Chance