Zynga CEO Mattrick Rewarded $57M, Even Though Stock is down more than 21%

Zynga¬†shares are down more than 21 percent over the past six months, but CEO Don Mattrick’s ¬†was still approved$57,814,391 pay package this year. The company held its annual shareholders meeting Wednesday at its San Francisco headquarters, and a spokesperson said all motions were approved and board of directors were re-elected.

Read moreZynga CEO Mattrick Rewarded $57M, Even Though Stock is down more than 21%

Zynga Doubling Down On Mobile

Don Mattrick has revealed in an interview Zynga’s plans to recover in the mobile space, with new incarnations of Farmville and Words With Friends.

By their standards, Zynga has fallen from grace, from 300 monthly MAUs (million active users) in 2012 to 112 MAUs today. Mattrick, who is often credited by his peers for turning around the Xbox business when he was at the helm, spent the past year trimming the company down amidst steady losses.

Read moreZynga Doubling Down On Mobile