In the following video, Fool contributor Matt Thalman discusses why he thinks a few problems may arise in the future for Zynga's (ZNGA +0.00%) 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.
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.
About the Author
Matt first became interested in the stock market while attending West Virginia University. A finance professor told a story about how a few thousand dollars invested in Mylan Pharmaceutical's stock in the 1970's had turned a number of employees, some even working as janitors at the company, into millionaires after holding onto their shares for more than 30 years. The seed of investing in quality stocks and holding those positions for a very long time was planted. After completing his MBA and working in the hospitality industry in Las Vegas for a number of years, Matt joined the Fool as a contributor in 2011. Follow his stock picks on CAPS at TMFMT.
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