Possible Problems Down the Road for the New Zynga CEO

By Matt Thalman – Jul 10, 2013 at 10:30PM

NASDAQ: ZNGA

Zynga

With the announcement of a new CEO at Zynga, but with the previous top dog sticking around, a few problems may arise in the future.

In the following video, Fool contributor Matt Thalman discusses why he thinks a few problems may arise in the future for Zynga's (ZNGA) new CEO, Don Mattrick, and the company's founder and former CEO, Mark Pincus. Pincus started Zynga from scratch and built it to the company that it currently is, and although he's now passing the reins to the next guy, he will still be the chief product officer and chairman of the board and will control 61% of the voting rights. While time will tell whether Pincus can fully relinquish control of his company to another guy, shareholders will be along for the ride, and it's not one Matt wants to be on.

Fool contributor Matt Thalman has no position in any stocks mentioned. Check back Monday through Friday as Matt explains what caused the Dow's winners and losers of the day, and every Saturday for a weekly recap. Follow Matt on Twitter: @mthalman5513.

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