Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Zynga Rises on Report Mattrick Becoming CEO: San Francisco Mover

Don't Miss Out —
Follow us on:

July 1 (Bloomberg) -- Zynga Inc., the biggest maker of online social games, surged as much as 13 percent after AllThingsD reported that the company may replace Chief Executive Officer Mark Pincus.

Zynga may name Don Mattrick, entertainment head at Microsoft Corp., as CEO as early as today, AllThingsD said, citing people familiar with the matter. Shares of Zynga rose 9.4 percent to $3.04 at 1:39 p.m. in New York, and earlier touched $3.14 for the biggest gain since April 3.

Pincus, who founded Zynga in 2007, is struggling to restart growth as more users shift their attention away from games on desktop websites such as Facebook Inc.’s social network, Zynga’s core business, and toward titles played on smartphones and tablets. The CEO in April lowered his salary to $1 and opted not to receive a cash bonus or equity award this year as the company works to cut costs.

In October, Pincus said he was making “tough decisions” such as eliminating 5 percent of jobs, shutting offices and ending development on more than a dozen game titles.

To contact the reporter on this story: Lisa Rapaport in New York at

To contact the editor responsible for this story: Pui-Wing Tam at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.