ZYNGA INC. (NASDAQ:ZNGA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ME Staff 8-k
ZYNGA INC. (NASDAQ:ZNGA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective April 21, 2017, Devang Shah will separate from Zynga Inc. (“Zynga”) and will no longer be General Counsel, Secretary, and Senior Vice President of Zynga, or hold any other positions or offices with Zynga or any of its subsidiaries or affiliates. Mr. Shah will be entitled to payments in amounts and types described in the Retention Agreement, dated April 23, 2015, between Mr. Shah and Zynga, which was filed with the Securities and Exchange Commission as Exhibit 10.1 to Zynga’s Current Report on Form 8-K filed on April 27, 2015, subject to him providing and not revoking a general waiver and release of claims.
About ZYNGA INC. (NASDAQ:ZNGA) Zynga Inc. is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) and Android and social networking sites, such as Facebook. The Company operates through developing and monetizing social games segment. It has developed various social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises. The Company also launched various games on mobile and Web, including Words on Tour and FarmVille: Harvest Swap in the Casual category; Black Diamond Casino and Princess Bride Slots in the Social Casino category; Empires & Allies in the Action Strategy category, and Mountain Goat Mountain. It invests in various game categories, including Social Casino, Casual, Action Strategy and Invest Express. It analyzes the data generated by its players’ game play and social interactions to guide the creation of content and features. ZYNGA INC. (NASDAQ:ZNGA) Recent Trading Information ZYNGA INC. (NASDAQ:ZNGA) closed its last trading session down -0.01 at 2.77 with 3,045,183 shares trading hands.