Zynga Chief Marketing Officer Resigns

 

Zynga, the maker of Words With Friends and other popular iPhone games, lost another senior executive when chief marketing officer Jeff Karp resigned Monday.

Karp's resignation follows that of former COO John Schappert and former chief creative officer Mike Verdu, both of whom left the company in the last month or so.

The exodus of executives at Zynga comes as shares of the company have cratered. From a high of $15.91 in March, the stock lost another 2 percent Monday to $2.82.

Last month, Zynga CEO Mark Pincus issued stock options to all full-time employees in an effort to retain talent.

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