Zynga Marketing Head Latest Official to Leave as Stock Falls
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Zynga Inc.’s Jeff Karp has resigned as chief marketing and revenue officer, becoming the latest executive to leave as a share-price decline erodes the value of staff compensation at the largest maker of social games played on Facebook Inc.
Karp’s departure, disclosed in a regulatory filing yesterday, follows at least seven other managers who have left since early August after a second-quarter earnings report missed analyst expectations and showed slowing sales at the game maker.