Zynga Inc. today announced the promotion of Mark Vranesh to chief financial officer, filling a vacancy created because David Wehner has left to join Facebook Inc. in an unspecified “senior financial position.”
Three other moves at the top were disclosed, too: chief mobile officer David Ko is now chief operations officer; executive vice president, business and corporate development Barry Cottle has been named chief revenue officer; and executive vice president of games Steven Chiang has moved up to president of games.
Wehner follows several other C-level executives out Zynga’s door since its share price dove down in July, including chief operating officer John Schappert, chief creative officer Mike Verdu, chief technology officer Allan Leinwand, chief marketing officer and chief revenue officer Jeff Karp, and chief security officer Nils Puhlmann.
Vranesh has actually been Zynga’s chief financial officer before, from 2008 until he became chief accounting officer in August 2010. He joined Zynga having been vice president of finance and administration and corporate controller of Fortinet Inc.
Mark Pincus, Zynga founder and CEO, sent an email to all employees detailing the shuffle. “Dave provided great leadership to our financial team over the past two years, helping guide the company’s transition from startup through IPO,” he wrote of Wehner’s departure. “Dave has been a great partner for me, the senior team and the whole company. He remains a good friend to us all and we wish him success in his next endeavor.”
Zynga blog – CEO Update
Zynga – press release
San Francisco Business Times – Zynga moves chairs, another exec leaves