Zynga reshuffles C-level as more execs depart
The drama at the top of Zynga continues as more executives are shuffling in and out of the online gaming company.
Today's latest turn events come about as chief financial officer David Wehner is leaving the San Francisco company immediately for a "senior finance position" at Facebook. He will be replaced by Zynga's chief accounting officer, Mark Vranesh.
However, Vranesh seems the logical choice for the job considering he already served as the CFO of Zynga from May 2008 until August 2010. Before that, Vranesh held leadership positions at Fortinet, a network security platform provider, and Support.com, an online tech support company.
Beyond the new Facebook gig, not many more details about Wehner's departure have been discussed publicly.
Zynga CEO Mark Pincus commented in a blog post on Tuesday afternoon, praising that Wehner helped "guide the company’s transition from startup through IPO," and that he has "been a great partner for me, the senior team and the whole company."
As Wehner leaves, several of Zynga's executives are moving around in their own version of musical chairs, and here's how that plays out:
- David Ko, previously chief mobile officer, has been appointed chief operations officer.
- Barry Cottle, previously executive vice president of business and corporate development, has been appointed chief revenue officer.
- Steven Chiang, previously executive vice president of games, has been appointed president of games.
While Zynga executives are trying to downplay Wehner's departure, it's hard to ignore that this is just the latest occurrence involving more key executives resigning from the troubled game maker in the last few months.