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

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

Exit mobile version