Zynga UK general manager Matthew Wiggins leaves social giant
Not the first, and probably not the last
Matthew Wiggins, the general manager for Zynga UK, has announced he has left the company.
Wiggins is the latest in a long line of high-ranking Zynga employees to abandon ship since the company entered its current rocky patch.
Wiggins formerly served as CEO of Wonderland Software, the UK-based developer of the iOS game GodFinger. Zynga acquired that studio in April 2011, and immediately appointed Wiggins as general manager for the newly-formed Zynga UK.
Other recent high-profile exits from Zynga include COO John Schappert, who left in August, closely followed by chief creative officer Mike Verdu.
Then, September saw the departure of chief marketing and revenue officer Jeff Karp, and chief security officer Nils Puhlmann, among others.
When Zynga went public in December 2011, it began trading on NASDAQ at a share price of $10. By March 2012, Zynga shares had climbed to a price of more than $14.60 each.
Since then, however, Zynga's share value has been consistently falling. Today, ZNGA shares are trading at less than $2.50 each.
All the best
Writing on his new personal website – which he describes as a venue for the "thoughts and contributions that I've been unable to express up until now" – Wiggins didn't go into detail about his reasons for leaving, but did express his best wishes for "the good and talented people who I leave behind."
"For me, the Wonderland Software/Zynga UK adventure has come to an end. Earlier this month I awoke to the exciting realisation that, after almost three and a half years, I had left that chapter behind and could look ahead to the future. It's been quite a ride.
"Just as when we started Wonderland back in June 2009, I'm still tremendously excited by the revolution in computing that is happening right now. The opportunities for innovation and entrepreneurism are even better now than they were then, " Wiggins explained.
"And having learned so much from the journey I've just been on, I can't wait to use that knowledge to do new things in the future – and of course learn a whole load more."
[source: Matthew Wiggins]
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