Much of that compensation hinges on Mattrick being able to turn Zynga around, which may not be great news for Mattrick.
And it wasn't what he expected.
He has authored 90 papers and textbooks in the sizzling hot paypal field of actuarial techniques.
Xbox chief Don Mattrick starts his new job at Zynga in just two days.The former employee, who requested anonymity in order to speak candidly about his experience at Zynga, said this wasn't just bluster.Even if he stays employed, the agreement guarantees him most of his stock and option awards if he no longer reports directly to the board or stops being CEO likely scenarios if Zynga is ultimately bought by a larger company or if Pincus votes his.THE albums 2008, dVD Music Video 01, lucia Di Lammermoor 02, crane's Crying 03, opera #2 04, a Kiss As Long As Eternity 05, the Star.Just copy what they do and do it until you get their numbers.".The real problem with Zynga is rooted in the company's DNA.
While the new CEO is only guaranteed 5 million over the next five years, he stands to earn upwards of 95 million in equity and non-guaranteed compensation.
What was Zynga's secret?
Mattrick will continue to earn his 1 million annual salary, though his bonus will range anywhere from 2 to 4 million depending on whether he hits his performance target.But actually earning that money may be a Herculean task.Can a new CEO whose success was largely driven by innovation-with the Xbox 360, the Kinect, and his earlier role developing games at EA-compete against a company culture so thoroughly entrenched against creativity and innovation?Pincus is already enormously wealthy."I don't fucking want innovation the ex-employee recalls Pincus saying.Worse, it put Zynga in a position wholly dependent on just one platform: Facebook.
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