Zynga Names New CEO

SAN FRANCISCO — Zynga, a provider of social game services, has appointed Frank Gibeau as Chief Executive Officer effective March 7, 2016.

Gibeau, who joined Zynga’s Board of Directors in August 2015, is a gaming industry veteran, with 25 years of experience in interactive entertainment. Mark Pincus, Zynga’s founder and current CEO, will serve as Executive Chairman of the Board, and will also report to Zynga’s Board of Directors.

“I’m incredibly honored to join the Zynga team as CEO. Mark founded Zynga with the simple premise that it’s more fun to play games with other people and that social gaming was a path to the mass market. I felt the power of this idea as a competitor and was inspired by how Zynga reached unexpected new audiences and opened up brand-new gaming platforms,” said Gibeau. “Despite the success of mobile games, Mark and I believe that the full promise of Zynga and social gaming has yet to be fully realized. We believe that Zynga has an opportunity to create new social experiences to connect even more players together. We will continue to invest in our talent and build on our empowered, entrepreneurial culture. As important, we must commit to a new level of operational excellence with focused execution, engineered hits and strong cost discipline. I’m excited to get started and expect a seamless transition given the progress we’ve made together over the past seven months. I’m encouraged by our early momentum and look forward to partnering with our teams to build on the progress we’re seeing across the company.”

Gibeau, 47, spent more than two decades at Electronic Arts Inc., where he held a number of influential business and product leadership roles. Most recently he served as the Executive Vice President of EA Mobile from October 2013 to May 2015, where he led strategy, product development and publishing for the company’s fast-growing mobile games business. In that role, Gibeau managed EA’s portfolio of mobile franchises including The Simpsons: Tapped Out, Plants vs. Zombies, Real Racing, Bejeweled, Star Wars, Minions, SimCity, EA SPORTS, and The Sims.