Zynga executives flee: Chief Marketing Battalion announces departure

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Tencent Science and Technology (Mingxuan) Beijing time September 11 News, according to foreign media reports, social game developers Zynga Monday announced that the company's chief marketing and camp finale Jeff Kap (Jeff Karp) has resigned. It was also when Zynga's market capitalisation slipped and another company executive left.

Jeff Kap (Tencent Science and technology with map)

In a filing to the Securities and Exchange Commission (SEC), Zynga said that Mr Karp would provide "transitional services" to Zynga and that he would receive compensation equivalent to 3 months ' wages by the end of this month. In addition, Zynga is expected to honour 100,000 of the restricted shares previously awarded to the Carp, which he acquired when he joined Zynga a year ago. Before joining Zynga, he worked for the video game development company.

Karp is also one of the top executives to leave Zynga recently. Because of falling share prices, Zynga has been heavily discredited by many Wall Street analysts and investors. Zynga last December made its IPO, offering a 10 dollar price. Since then, Zynga's share price has been slipping. At the close of Monday, Zynga's shares were closed at $2.82 trillion.

The recent departures of Zynga executives include former chief creative officer Maik Feux (Mike Verdu), managing director Eric Besch of the game "Mob Wars 2" (Erik Bethke); Alain Patmole (Alan Patmore), managing director of the Zynga Game "CityVille", deputy president of the Mobile Division Chuya (ya-bing Chu, transliteration) and general manager Jeremy Strauss (Jeremy strauser); and chief operating officer of the company John F. Chapetre (John schappert).

Last month, after disclosing the resignation of Vice President Bill Muni Bill Mooney and Blaine Bottwiesle (Brian birtwistle), Zynga spokesman Dani Dudko (Dani Dudeck) said that compared with other technology companies, Zynga's executive turnover is still at a lower level. "The turnover rate has remained at around 1% per cent in the first 4 years of the company's establishment," she said. Our current turnover rate is not only below our expectations, but also below the industry average. ”