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Zynga loses CFO to Facebook, shuffles up management team

Zynga loses its CFO to Facebook, and several other management changes have occurred at the company

Trace Hagan | Nov 13, 2012 at 6:04 pm CST (0 mins, 47 secs time to read)

Zynga isn't doing very well, as most of our readers will know, and today continues to show that they will likely continue to do poorly. Zynga's CFO has said adios to the sinking ship and jumped on over to the still-floating-though-possibly-sinking Facebook ship. CFO Dave Wehner has taken a senior position at Facebook, according to a memo released today.

Zynga loses CFO to Facebook, shuffles up management team | TweakTown.com

CAO Mark Vransesh has been appointed to CFO, a position that he has served in before. There were a round of other promotions and title changes amongst upper management, as well, today, though none quite as headlining as the CFO leaving for Facebook.

Pincus, CEO of Zynga, said that the financial outlook is still accurate. Zynga has been focusing on being the Epic of Facebook gaming by providing a platform for third-party developers, instead of trying to produce their own games. This is probably a good idea as their games have had mixed success as of late.

Last updated: Apr 7, 2020 at 11:30 am CDT

NEWS SOURCE:news.cnet.com
Trace Hagan

ABOUT THE AUTHOR - Trace Hagan

Trace is a starving college student studying Computer Science. He has a love of the English language and an addiction for new technology and speculation. When he's not writing, studying, or going to class, he can be found on the soccer pitch, both playing and coaching, or on the mountain snowboarding.

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