<p>Just in time to ruin Zynga CEO Mark Pincus&#8217; Christmas, <a href="http://www.businessweek.com/articles/2012-12-13/the-worst-ceos-of-2012">Businessweek has ranked him as one of the worst CEOs this year</a>. The company, masters of <em>Farmville</em>, have seen their stock drop by a staggering 75% and continue to lose many talented employees.</p>
<p>Sydney Finkelstein, who Businessweek went to for his vast amount of Business knowledge, stated that Pincus has made &#8216;some rookie mistakes&#8217;, despite his Bachelor&#8217;s Degree in Economics and his MBA from Harvard. One example in particular was Zynga&#8217;s close ties to Facebook and how the company depends on them for a huge amount of revenue. Pincus later moving 16 Million shares didn&#8217;t come across as a good sign either.</p>
<p>I kinda feel bad for the guy and, to an extent, Zynga. Especially after hearing that the man has been <a href="http://kotaku.com/5961401/zyngas-boss-near-tears-says-wall-street-journal-as-he-grapples-with-turning-the-company-around">&#8216;near tears&#8217;</a>. Say what you will about Zynga, but can we at least hope that Pincus finds a way to turn this mess around? And for the better?</p>
<p>[Source: <a href="http://www.businessweek.com/articles/2012-12-13/the-worst-ceos-of-2012">Businessweek</a>]</p>

Zynga CEO Named One of the Worst CEOs in 2012 by Businessweek
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By Kyree Leary

- Categories: Game News
- Tags: Mark PincusZynga
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