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Forums - Microsoft - Mattrick negotiated Zynga buy-out while at Microsoft in 2010 – report

VG247

Zynga CEO Don Mattrick is said to have opened negotiations for a Zynga buy-out while at Microsoft in 2010, according to fresh reports.

 

Bloomberg cites several sources close to the issue that have said Mattrick entered discussion over a potential acquisition of Zynga with then-CEO mark Pincus as early as 2010.

While the discussions failed to bear fruit, they began a long-standing friendship between Mattrick and Pincus, and the pair first coined the idea of Mattrick becoming Zynga’s CEO in March of this year.

Mattrick left Microsoft to become Zynga CEO last week, and is said to make $19.3 million this year, and as much as $50 million over the next three years if certain parameters are met.

What do you make of Mattrick’s departure? Let us know below.

Thanks GI.biz.



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$19 million income in just one year. It really pays of to be a CEO or high-rank executive.

Probably it pays off for the company only because Don Matrix has important connections in the industry, because I don't believe he's an extraordinary business talent in any way.

Lucky for MS that the Zynga deal didn't become reality. It wouldn't have been worth it.



but but.. I thought 1.6 million a year was the highest a CEO could be paid....



One more Trojan Horse sent in from Microsoft... Well played indeed.