Pincus steps down as Zynga CPO in exec reshuffle

Pincus steps down as Zynga CPO in exec reshuffle
Ben Parfitt

By Ben Parfitt

April 24th 2014 at 3:30PM

Microsoft’s former GM of Xbox Live Alex Garden named president of Zynga Studios

Zynga co-founder Mark Pincus is to step down from his role as chief product officer.

He stepped down as Zynga CEO last July after that role was taken by former Xbox boss Don Mattrick. Pincus will continue to serve as chairman of the board in a non-operational capacity.

Alex Garden, Microsoft’s former general manager of Xbox Live, has also been named as the new president of Zynga Studios. David Lee was named as chief financial officer last month.

The shuffle comes as Zynga posted a $61m loss for Q1, down from the $4m profit reported in the same period last year. It also predicts similar losses for the next quarter.

Our sister-site MCV has the full story.