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Wednesday, November 24, 2010
RockYou CEO Lance Tokuda Steps Down
RockYou founder and CEO Lance Tokuda is no longer leading the company, we've confirmed. Tokuda helped found RockYou back in 2005, and led it through several funding rounds totalling nearly $130 million. The change comes at a critical time in RockYou's life, as the company attempts to reinvent itself and bounce back from substantial layoffs. I spoke with RockYou COO Lisa Marino, who says that Tokuda told the company he would be stepping down last month, around the time that it pivoted to focus primarily on social gaming. A significant but undisclosed percentage of RockYou's workforce was laid off as part of the transition, and the company hired former EA exec Jonathan Knight to serve as SVP of RockYou Games.
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