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Zynga (ZNGA +2.1%) has once more decided to promote an existing employee (previous) to deal with...

Zynga (ZNGA +2.1%) has once more decided to promote an existing employee (previous) to deal with its never-ending executive departures: Tim LeTourneau, previously in charge of FarmVille 2, has been named chief creative officer. LeTourneau replaces Mike Verdu, who left in August. Zynga is "essentially playing a game of musical chairs, by plugging one hole with talent from another part of the company," observes AllThingsD's Tricia Duryee. (earlier)
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Comments (3)
  • haleiwahu
    , contributor
    Comments (3718) | Send Message
     
    My initial thought is that only 4,217 people get this Email alert because nobody really cares about it. Zynga is dead money, both employers, employees and their audience know this. It's time to move on.
    20 Nov 2012, 05:55 PM Reply Like
  • inkyx
    , contributor
    Comments (522) | Send Message
     
    So you must be some corporate headhunter/ceo/founder to make an opinion about promotions within. I see nothing wrong with it. What's your problem, and why would that imply plugging hole?

     

    Stupid comment. Make money by trading. If ZNGA is upwards bound buy, if it downward bound, sell. Who really cares what happens in the long run (2-5 years) as you can't see that far into the future, unless you're good at reading tea leaves, and by the nature of your comments, you aren't.
    21 Nov 2012, 12:18 PM Reply Like
  • haleiwahu
    , contributor
    Comments (3718) | Send Message
     
    Inkyx - your comments towards this writer could be out of line when you consider studying and attempting to predict the long term of ZNGA and why management seems to be shifting so much. Of course nobody can predict even 2-3 years down the road, but signs of todays upper management and decision making process set a direction of what's seems to be happening down the road. Would upper management leaving if they were secure in their position? If their direction was valued? If they felt they were a driving force in the company? How many times have I felt that this person or that person had the perfect job only to find out later that either he left or was fired? it seems to happen more often than not. If one person were to leave, then fine there's no trend. But if two, three, four to the point that many are leaving and there's no new blood to fill those positions and people who study the reasons why they left determine that there are problems within, then IMHO this is a company that has readable ti leaves 2-3 years down the road.
    25 Nov 2012, 10:45 AM Reply Like
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