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Zynga Nabs Chief Operating Officer From EA

Electronic Arts' chief operating officer has quit the company to join the social gaming company Zynga.

According to a report on Reuters (opens in new tab), John Schappert has left EA after only 22 months on the job to head Zynga’s gaming division.

The social game maker, which recently raised $500 million in funding, is bringing in executives from companies like Cisco and Yahoo ahead of its planned initial public offering. The company, which produces popular Facebook games like Farmville and Cityville, is currently valued at around $10 billion.

"If Zynga is serious about going public, they need someone who knows how to do it. They just grabbed a guy to give them what they were missing -- public management experience," Wedbush Securities analyst Michael Pachter, said in a statement.

Schappert, before becoming the COO of EA, worked at Microsoft for two years. At EA, Schappert was responsible for expanding the company’s digital division for mobile games and social games on Facebook. EA is expected to earn $750 million from its digital games line this year.

Meanwhile, Zynga has refused to confirm the new appointment, while an EA spokesperson told Bloomberg (opens in new tab)that the compamny does not currently have any plans to replace the COO.