Twitter Losing its Four Top Executives
Four senior Twitter executives are leaving the media company including the company’s head of product Kevin Weil, head of media Katie Jacobs Stanton, Vine head Jason Toff and senior vice president of the company’s engineering department Alex Roetter.
In the meantime, the company is getting ready to declare a new chief marketing officer — it will be a high-profile female executive from a major brand as indicated by the report.
The company will likewise announce some new board members, and also another head of PR.
However, it has been a very hard time for all top executives there, as the company has struggled to regain its growth among users and momentum with investors. Along with that, the company’s stock has dropped to significantly below its offering price in recent times.
Jack Dorsey, a co-founder at the company, took on a role as its permanent CEO in October last year after having the job on an interim basis. He tweeted late Sunday night, the biggest leadership changes since he returned as chief executive as he struggles to bring back the company’s growth. As the company has undergone a series of new appointments at the corporate level since his appointment, the reshuffle is believed to be Dorsey’s attempt to boost user growth.
He praised the four executives and said he was sad to announce their departures. He twitted:
Though Dorsey’s tweet did not mention him, Jason Toff, who heads Twitter’s video streaming service, Vine, on Sunday night, tweeted that he was leaving Twitter to join Google to work on virtual reality.
The company is scheduled to release its Q4 2015 earnings on February 10th.