As quickly as the Don cometh, the Don leaveth. This is the case for Zynga, as former Xbox executive Don Mattrick took over the job as CEO just under two years ago. Mattrick announced this week that he was leaving the company effective immediately and will also be departing the board of directors.
Zynga will go back to what brought them here, with former CEO and company founder Mark Pincus reclaiming his CEO throne at a salary of $1 per year, exactly what he was taking in when he left the company in 2013. Pincus spoke on Mattrick in a statement about the transition.
Don joined us in a very important time in our evolution. I sincerely thank him for his leadership in better serving our players in a mobile-first world and for delivering world class quality and value to our consumers.
Pincus puts the company back on his shoulders at an interesting time. Despite Mattrick's best efforts, sales are still down in the company. However, revamps of popular titles are on the horizon, as well as new launches. Zynga is looking forward to hopeful success with Dawn of Titans, FarmVille: Harvest Swap, Wizard of Oz Slots and Empires & Allies.