Victor Reklaitis takes a look at which stocks traders will be watching during market action, including Zynga, Jos. A Bank, and Sonic. Photo: Getty Images.
4:04 pm Zynga names David Lee as Chief Financial Officer and Chief Accounting Officer (most recently served as Senior Vice President of Enterprise Finance for Best Buy)Yahoo 04/11 16:04 ET
By Benjamin Pimentel, MarketWatchSAN FRANCISCO (MarketWatch) -- The tech sector was in the red again early Friday, weighed down by falling shares of Yahoo and Twitter.
Zynga moves a step closer to profitability and it can't happen fast enough for shareholders.
Zynga (ZNGA) stock is gaining Friday following an upgrade to "equal-weight" from "underweight" by Morgan Stanley.
Zynga is naming David Lee chief financial officer, as new CEO Don Mattrick continues to reshape the videogame maker's executive ranks.
Zynga Inc. (ZNGA) hired a Best Buy Co. (BBY) executive for the role of chief financial officer, adding to a management shakeup as Don Mattrick seeks to turn around the struggling social games developer by focusing on mobile titles. David Lee, 42, will take up the post on April 14 as well as the role of chief accounting officer, overseeing corporate finance, accounting and investor relations, the San Francisco-based company said in a statement yesterday. He replaces Mark Vranesh, who is leaving after six years at the company. Since Mattrick was appointed chief executive officer in July, he has assigned executives new roles and eliminated positions as he repurposes the company on games for phones and tablets, a market Zynga ceded to others after relying too heavily on Facebook titles such as “FarmVille.” Lee, with over 20 years experience in the consumer industry, has carved a career out of helping turn companies around, Mattrick said.
Zynga Inc., the maker of Farmville and other digital games, said Thursday that it has named a chief financial officer. The San Francisco-based company said David Lee will take over as its chief financial ...