It’s finally happened, It was rumored that the head of Microsoft Interactive was heading to Zynga and the official Press Release from Zynga Confirms that Don Mattrick will be taking over as Chief Executive Officer (CEO) of Zynga. Popular for games like Farmville and all those other “Ville” games.
Most of the general public says good riddance.
Zynga Names Don Mattrick Chief Executive Officer
Founder Mark Pincus to Continue as Chairman of the Board and
Chief Product Officer
SAN FRANCISCO, July 1, 2013 (GLOBE NEWSWIRE) — Zynga Inc.
(Nasdaq:ZNGA), a leading provider of social game services, today
announced that the Company has appointed Don Mattrick as Chief
Executive Officer and a member of the Board of Directors, effective
July 8, 2013. Mattrick has been at the forefront of the industry and
brings more than 30 years of executive experience developing, building
and managing profitable entertainment businesses. Mark Pincus, Zynga’s
founding chief executive officer, remains Chairman of the Board of
Directors and Chief Product Officer of the Company.
Photos accompanying this release are available at
“Don is unique in the game business,” said Mark Pincus, Founder,
Chairman and Chief Product Officer. “He can execute in multiple domains
— hardware, software and network, and he’s been the person responsible
for game franchises like ‘Need for Speed,’ ‘FIFA’ and ‘The Sims.’ He’s
one of the top executives in the overall entertainment business and
he’s a great coach who has inspired people to do their best work and
build strong, productive teams. He deeply understands the value of a
network and the importance of creating lifelong consumer relationships.
He turned Xbox into the world’s largest console-gaming network, growing
its installed base from 10 to 80 million and transformed that business
from deep losses to substantial profits. And he has grown the Xbox Live
player network from 6 to 50 million active members in 41 countries.
Going forward, I’ll continue in my role as Chairman and Chief Product
Officer. I’m excited to partner with Don and the rest of our team to
return Zynga to its leadership role in inventing and growing Play as a
core human experience.”
“In its short history, Zynga has redefined entertainment and brought
social gaming to the mainstream. More than 1 billion people across web
and mobile have installed Zynga games, and franchises like FarmVille
and Words With Friends have become a part of people’s daily lives,”
said Mattrick. “I joined Zynga because I believe that Mark’s pioneering
vision and mission to connect the world through games is just getting
started. Zynga is a great business that has yet to realize its full
potential. I’m proud to partner with Mark to deliver high-quality, fun,
social games wherever people want to play.”
Mattrick, 49, spent six years at Microsoft — the last three as
president of the Interactive Entertainment Business. In that role, he
was responsible for the team that grew Microsoft’s Xbox 360 global
installed base by 700 percent to more than 75 million consoles. During
his six-year tenure at Microsoft, Mattrick also oversaw businesses and
services focused on consumer products that included the groundbreaking
Kinect entertainment products and PC and mobile interactive
Mattrick served as the president of Worldwide Studios at Electronic
Arts. During his 15-year career at Electronic Arts, Mattrick helped
develop and scale the company’s leading global game franchises and
brands including “Need for Speed,” “FIFA” and “The Sims.” At age 17,
Mattrick founded his first company, Distinctive Software, which was
acquired by Electronic Arts in 1991.
“Mark took the lead in working with the entire board to recruit Don to
Zynga,” said John Doerr, Member of the Zynga Board of Directors and
General Partner at Kleiner Perkins Caufield & Byers. “All of us at
Zynga — and no one more than Mark — are thrilled Don is joining our
mission to connect the world through games. This is a win for the
people who play our games, the talented employees who make them and the
investors who believe in our long-term value. This also is a win for
Mark, who can devote his full attention to conceiving and building the
best social games in the world.”
Mattrick will report directly to the Board and was unanimously
appointed CEO. Mattrick will join Pincus in a newly formed Executive
Committee to manage the operations and affairs of the Company between
Second Quarter Conference Call
Zynga also announced that the Company will hold a conference call to
discuss financial results for its second quarter on Thursday, July 25,
2013, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the
release of its financial results after the close of market. The live
webcast of Zynga’s earnings conference call can be accessed at
investor.zynga.com. Following the call, a replay of the webcast will be
available through the website.
“Don Mattrick joining Zynga as its CEO is a spectacular coup for the
company, its shareholders and for Mark. There is not another executive
in the world who could bring as much experience, knowledge and success
in the gaming space. This is an incredible vote of confidence in the
future prospects for Zynga. With Don as CEO, Mark will be free to focus
his time developing transformative products for players.” –Jeffrey
Katzenberg, Member of the Zynga Board of Directors and Chief Executive
Officer and Director of DreamWorks Animation SKG.
“As a founder, I know from experience that the right successor has the
potential to massively accelerate the growth of a company. Don
Mattrick’s strong track record demonstrates that he can balance big
picture vision with world-class execution. His skills are highly
complementary to Mark, and I look forward to seeing their partnership
in action.” — Reid Hoffman, Member of the Zynga Board of Directors and
Executive Chairman and Co-Founder of LinkedIn Corporation.
“Don is an incredibly talented leader who plays to win. He is someone
who’s constantly attracting great talent and coaching teams towards
success. I’ve long admired the rigor and passion he brings to an
industry that he, frankly, helped create. Don loves games and gives
developers the freedom they need to surprise and delight players; but
he also knows better than anyone that an innovative games company is a
demanding and complex enterprise. Few people are up to that; Don is.”
–Bing Gordon, Member of the Zynga Board of Directors and General
Partner at Kleiner Perkins Caufield & Byers.
“Mark has been a phenomenal leader, founding and building a great
company. He has an incredible feel for building exceptional products.
Having spent time with Don, his understanding of the creative process
coupled with his operating skill will make him a great partner for
Mark.” –Bill Campbell, Chairman of the Board and former Chief
Executive Officer of Intuit.