Zynga Inc. (NASDAQ: ZNGA) has added new members to its board to tackle issues that have plagued the company. Janice Roberts and Carol Mills are the new directors elected. They have been given the authoritative role to investigate and manage charges that Zynga officials, both formal and informal are facing.
These charges are shareholder suits in federal courts. Janice Roberts and Carol Mills can talk to attorneys, as required. They can also offer advice and devise recommendations on which route the company should take. Speaking on this new development, the CEO of Zynga, Frank Gibeau says that he is proud to welcome Carol and Janice to Zynga’s Board of Directors.
He ascertains that Janice’s expertise with global mobile product and technology companies, and Carol’s 10 years of experience developing world-class enterprise services and teams, will be of immeasurable value as the company focuses on unlocking long-term growth and goals as well as in increasing shareholder value.”
Carol has over ten years of experience that will be of vital help to Zynga’s Board of Directors and the team in general. She has leadership qualities, having served with experience as a Chairman in the Xactly Corporation’s Board of Directors and also on the RELX Group as part of Board of Directors.
A securities filing was the whistle blower that brought to public attention the need for an investigative body. These officials, according to the filing, are a special litigation committee that will look into the matters that the said officials are involved in.
Zynga Reacts to Immigration Ban
Zynga Inc. is part of a 97 company group that frowns upon President Donald Trump’s ban against immigrants’ order. This group is not pleased with the President’s decision to bring forth this ban. The decry comes after President Donald Trump’s signing of an order to bar Syrian Refugees entry to the United States, in addition to seven other predominantly Muslim countries. Furthermore, admission to entry into the United States has been suspended for 120 days. In liaison with other companies, Zynga has filed a brief that claims immigrants make an integral part of the nation, making discoveries as well as being at the forefront of innovative discoveries.
An open to President Donald trump is in order, expressing dislike of the order and also to offer solutions to re-think and re-create certain policies involving immigrants. A U.S district judge has lifted the ban, however, so immigrants can currently enter the United States.
