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Jam City Names Yguado As CEO

Los Angeles-based mobile entertainment company Jam City has named co-founder, President, and COO Josh Yguado to the position of CEO, the company said on Thursday. According to Jam City, the move comes as his fellow co-founders, Chris DeWolfe and Aber Whitcomb, have launched a new startup called Plai Labs. In addition to the CEO shift, Jam City said it has named SeungWon Lee, Chairman of the Board of Jam City and President, Global HQ of Netmarble Corporation, to the role of Executive Chairman of Jam City. Plai Labs announced its seed funding this week.