Mattrick negotiated Zynga buy-out while at Microsoft in 2010 – report

By Dave Cook, Monday, 8 July 2013 09:29 GMT

Zynga CEO Don Mattrick is said to have opened negotiations for a Zynga buy-out while at Microsoft in 2010, according to fresh reports.

Bloomberg cites several sources close to the issue that have said Mattrick entered discussion over a potential acquisition of Zynga with then-CEO mark Pincus as early as 2010.

While the discussions failed to bear fruit, they began a long-standing friendship between Mattrick and Pincus, and the pair first coined the idea of Mattrick becoming Zynga’s CEO in March of this year.

Mattrick left Microsoft to become Zynga CEO last week, and is said to make $19.3 million this year, and as much as $50 million over the next three years if certain parameters are met.

What do you make of Mattrick’s departure? Let us know below.

Thanks GI.biz.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Don Mattrick

  • Former Xbox boss Don Mattrick steps down as Zynga CEO

    Zynga has announced CEO Don Mattrick, for Xbox boss at Microsoft, is leaving the company and will no longer maintain a position on the company’s board of directors.

  • More Zynga layoffs, predicts Pachter

    Analyst Michael Pachter has predicted that Zynga will announce another round of layoffs, as it’s expected that new CEO Don Mattrick will next week outline his strategy to return the company to profitability.

Mark Pincus