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ZNGA - Match Group CEO resigning; shares slip 8% after earnings

Zynga Inc.
Match Group (NASDAQ:MTCH) shares are declining after the company posted earnings and said its chief executive officer is resigning. Shar Dubey is exiting the CEO's post, and Zynga's (ZNGA) President Bernard Kim will become Match's new CEO, effective May 31. Match Group stock is down 7.6% after hours. Kim will join the board of directors as well. Dubey will continue to serve as a director, allowing her to focus on product strategy and enable a transition, the company says. Conference call to come Wednesday at 8:30 a.m. ET.

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Match Group CEO resigning; shares slip 8% after earnings
Stock Information
Company Name: Zynga Inc.
Stock Symbol: ZNGA
Market: NASDAQ
Website: zynga.com
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