Social gaming giant Zynga has been given forty-five days to change the composition of its board of directors after the departure of two high-profile board members, Linkedin founder Reid Hoffman and Dreamworks Animation CEO Jeffrey Katzenberg.
The company will appoint two independent directors in the coming months to replace the pair.
As a result of Hoffman and Katzenberg stepping down, Zynga is no longer in compliance with NASDAQ listing rule 5605, which requires that a company’s board [...]
