With shares falling hard to retain executives, Zynga vice President Roy Saigar Roy Sehgal and general manager Steve Schreck (http://www.aliyun.com/zixun/aggregation/10820.html ">steve Schreck) also announced that it would leave.
UNCTAD joined Zynga in 2009 and developed products such as Cafe world, which he confirmed in a media interview. Schreck will join Zynga's former employee Mack Vaux (Mike Verdu), a gaming start-up company.
More than 6 Zynga executives have been left in recent months as investors fret about the company's slowing growth. Since its IPO in December 2011, the stock has fallen 75% per cent, sharply compressing the value of its employees ' equity. The company's CEO, Mark Pincus, has Mark Ping restructuring and cost-reduction, hoping to lead the company to a recovery.
Schreck's departure is a boon for the company, who resigned as Zynga's chief creative officer this August and founded a mobile gaming firm. Zynga said it had signed a non-compete agreement at the time of its departure, so Schreck needed to get approval from the company to join the company.
According to LinkedIn, Schreck was in charge of Zynga's newest game, Hidden Chronicles, and led a team of nearly 100 people.
Zynga has recently lost former CFO David Vina David Wehner, who has switched to Facebook. and Mack Gupta Mike Gupta, a former Zynga treasurer, has found a similar position on Twitter.
Zynga announced yesterday that it had revised its partnership agreement with Facebook. The move could exacerbate the company's competition.
Zynga's shares were closed at $2.46 in Friday, down 6.1% from the previous session.