Official Zynga Press Release on Naming Don Mattrick as CEO

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

 

http://www.globenewswire.com/newsroom/prs/?pkgid=19665http://www.globen

ewswire.com/newsroom/prs/?pkgid=19666

 

“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

entertainment.

 

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

Board meetings.

 

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.

 

About The Author: Dan

I'm Dan, and i'm the Editor-In-Chief for New England Gamer. I have a passion for gaming, and hockey and I strive to bring you guys the best news, previews, and reviews on the net.

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