- Re/code, Wednesday, May 2, 2018 10:08 PM
Zynga chairman Mark Pincus just gave up voting control of the company. “The establishment of voting rights parity -- basically, one share, one vote -- rids the company of its longtime
multi-class share structure that concentrated all power in the hands of one person,”
Recode reports. “What that means is that Pincus’s 70 percent voting power over Zynga
will convert into a 10 percent economic stake.”
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