(Bloomberg) -- Zynga Inc. Chief Operating Officer Matt Bromberg is stepping down from the job and his duties will be doled out to other executives at the online-game developer.
Bromberg, who took the role in August 2016, resigned on Nov. 5, the company said Monday in a filing. He will remain an employee of the company through March while his responsibilities are redistributed.
San Francisco-based Zynga said the executive is departing to spend more time on board activities. Bromberg previously served on the board of FitBit Inc., which was acquired by Google earlier this year, and is currently a director at Bumble Inc.
“We would like to thank Matt for his many contributions to Zynga over the last five years, including growing our global network of studios,” Zynga Chief Executive Officer Frank Gibeau said in a statement.
The announcement follows an upbeat outlook from Zynga, which also delivered its quarterly report on Monday. The company, which offers games such as as FarmVille 3 and Words With Friends 2, now expects bookings of $2.81 billion, up slightly from the $2.8 billion it had previously forecast.
The shares gained as much as 7.3% to $7.50 in late trading following the report.
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