Zynga’s finance chief leaves company

In this June 2, 2011 photo, an employee works on the Zynga game, "FarmVille" at Zynga headquarters in San Francisco. Based on papers filed Friday, July1, 2011, Zynga, the online game maker behind "FarmVille" and other popular Facebook pastimes, is going public. (AP Photo/Paul Sakuma)In this June 2, 2011 photo, an employee works on the Zynga game, “FarmVille” at  Zynga headquarters in San Francisco.
Zynga, whose games include “FarmVille” and “Texas HoldEm Poker,” has seen its  stock price fall sharply in recent months. Meanwhile, John Schappert, Zynga’s chief operating officer, left in August after less than  a year and a half on the job. Schappert’s exit was followed by that of Mike  Verdu, the company’s chief creative officer. And in September Jeff Karp, the  chief marketing and chief revenue officer, left the company.

The price of a company’s stock is the trade price between the company and it’s clients. It is determined by the demand for and supply of the company’s products. Zynga’s stock price experienced a sharp fall lately and it reshuffled its executive ranks to deal with the downward stock. Will this work effectively?

I do not believe that reshuffle executives will bring a new scene of prosperity to Zynga. The change of executives governed body is not really related to an increase in demand for the company’s games. Maybe hiring some new creative officers to create better computer as well as mobile games will help Zynga better.

 

 

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