Lessons to Learn From These 5 CEO Blunders

2. Mark Pincus, CEO, Zynga

If there is an award for the biggest gaffes made, Mark Pincus will definitely top among the nominees. Pincus founded Zynga.org in October 2009. Zynga started trading on NASDAQ December 16, 2011 in the tag ZNGA. Though initially the share prices reached $14.50 from $10, but suddenly the price slipped to $2.09 in 2012.

Just weeks before Zynga's quarterly report "farmed" about half of the market value out of Zynga's stock, Pincus plunked off 16 million shares from his personal stock. And the pain doesn’t seem to end here. Business Insider reported that the social game maker has been near to tears with executives leaving the company and complaining about lack of strategy and fragile schemes.

 Currently, Pincus has dazed up the company's management, in part to frame up for executives leaving and in part to restructure the company to tackle slipped chances in mobile gaming.
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