Tuesday, October 9, 2012

Zynga Poker Chief Calls it Quits [REPORT]

Struggling game maker Zynga received another blow Monday, with the exit of Laurence 'Lo' Toney, an executive who oversaw the company's hugely popular online poker game.

[More from Mashable: Facebook Stock Drops 3% After Zynga Cuts Sales Outlook]

Toney, who has been with Zynga since 2010, revealed that he left the company via his LinkedIn profile. He shows his current profession as 'mentor at MuckerLab,' a Los Angeles startup accelerator, and lists Zynga among his previous professions.

The general manager of Zynga Poker for two years, Toney also spent a year as a general manager in the company's mobile division, according to AllThingsD.

[More from Mashable: Zynga Board Games Bring Your Facebook Favorites to Real Life [REVIEW]]

Toney's current 'professional headline' on LinkedIn is: 'Technology Leader. Internet Strategist. Startup Advisor.' He did not immediately respond to requests for comment.

Zynga Poker was the game maker's first ever game, and the world's largest free-to-play online poker game, according to its official site.

Toney is the latest in a string of top-level executives to leave Zynga. Chief technology officer Allan Leinwand, as well as chief marketing and revenue officer Jeff Karp resigned last month. In August, chief operating officer John Schappert and chief creative officer Mike Verdu left the company to found his own firm.

Zynga also lost two vice presidents, Bill Mooney and Brian Birtwistle, at the end of August.

The San Francisco-based firm, which went public last December, saw its stock plummet to an all-time low last Friday. Zynga had forecast a third quarter loss due to weak demand for its web-based games, the wire service adds.

Known for games such as FarmVille and Mafia Wars, the company has been losing popularity on Facebook -- its largest platform -- and is struggling to make the transition to mobile gaming.

This story originally published on Mashable here.



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