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April 24, 2014 12:33 am GMT

Zynga Founder Mark Pincus to Step Down from Day-to-Day Role

Zynga-pincus

Zynga founder Mark Pincus is leaving his role as chief product officer at the mobile gaming company and relinquishing his last link to the company's day-to-day operations.

The news came as Zynga announced mixed first-quarter earnings. The company reported a loss of $0.01 per share, in line with expectations, and revenue of $161 million that beat estimates.

Zynga shares rose 3.6% in after-hours trading.

See also: 10 Nearly Impossible Mobile Games

Pincus will retain the role of chairman on Zynga's board of directors. The absence of Pincus from the day-to-day operations leaves the company in the hands of CEO Don Mattrick. Read more...

More about Mobile Gaming, Zynga, Business, and Gaming

Original Link: http://feeds.mashable.com/~r/Mashable/~3/ZOZX1bvXs30/

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