Zynga’s new boss to get pay package worth some US$50 million

Don Mattrick, the head of Microsoft’s Xbox business who will replace Zynga Inc founder Mark Pincus as chief executive next week, will get a hefty, largely stock-based compensation package of about USUS$50 million in coming years, the company said in a regulatory filing.

In his first year, Mattrick will receive a base salary of US$1 million (HK$7.8 million), a sign-on cash bonus of US$5 million (HK$38.8 million) and a this year bonus of US$2 million (HK$15.5 million), or the average bonus of Zynga’s other executives, the company said.

via Business feed http://www.scmp.com/business/companies/article/1275146/zyngas-new-boss-get-pay-package-worth-some-us50-million