Zynga founder Mark Pincus reduces voting power after changing stock

Zynga announced today that its founder Mark Pincus is converting his high-voting shares in the mobile game company to Class A common stock. As a result, Pincus’s overall voting rights at Zynga will drop from about 70 percent to approximately 10 percent. Although Pincus will still serve on Zynga’s board of directors as the non-executive […]