Zynga’s Lo Toney Steps Down

Posted Oct 9, 2012

Zynga has lost a key executive.  Laurence “Lo” Toney stepped down from the company.  Toney has been with Zynga since 2010 and his current profession is “mentor at MuckerLab,” which is a Los Angeles startup accelerator company.  Toney has been the general manager of Zynga Poker for two years.

Zynga Poker is the company’s first game and is the world’s largest free-to-play online poker game.  Toney is not the only executive to leave Zynga recently.  Zynga’s chief technology officer Allan Leinwand stepped down along with chief revenue officer Jeff Karp and chief creative officer Mike Verdu.

Zynga is having a rough month overall.  The company’s stock plummeted to an all time low as of last Friday after forecasting a third quarter loss due to weak demand for web-based games.