Zynga’s executive exodus continues as CCO departs

As Zynga’s stock continues to hover around its all-time low, the number of high-level executives bailing from the social games maker is reaching critical mass.

Chief Creative Officer Mike Verdu is the latest to jump ship, announcing Tuesday that he was leaving the company to start a new firm.

Read more at Yahoo! Games

Can Zynga Be Saved?

To say the last two weeks have been unkind to Zynga is a bit of an understatement. The company’s stock has plunged roughly 45 percent. It reported an earnings shortfall. Guidance was reduced. And it found itself on the receiving end of a lawsuit from one of the videogame industry’s biggest publishers.

The hits just keep on coming for a company that not long ago was the poster child for the next big thing in gaming. More bad news for Zynga could be on the way.

Read more at CNBC.com

EA COO jumps ship

Video game industry veteran John Schappert, who has served as chief operating officer at Electronic Arts for the past two years, has quietly left the company.

Schappert’s last day was yesterday – and media reports indicate he plans to join social gamers maker (and EA rival) Zynga in an undisclosed role.

Read more at Variety’s Technotainment blog