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Twitter Makes Some Radical Changes to Its Executive Team

Twitter Makes Some Radical Changes to Its Executive Team
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Sabrina Son

Sabrina is the editor in chief for TINYpulse news. She's dipped her toes into various works of writing — from retail copywriter to magazine editor. Her work's been featured in Forbes, Bloomberg BNA, and Tech.co.

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In an after-hours flurry of weekend activity, recently reinstalled inventor of Twitter and CEO Jack Dorsey apparently showed four of his top executives to the door. Dorsey said in a tweet that the resignations were voluntary. The departing execs are:

Dorsey applauded the four in his tweet, saying they’ve done great things in the last 18 months of working together. All four execs are said to be taking some time off.

Rumors of the resignation began to percolate last week. It’s been rumored that this week Twitter will be announcing the hiring of a high-powered industry veteran to serve as its new Chief Marketing Officer. A new head of PR is also expected. There’s some turnover coming up on Twitter’s board of directors, and investors have expressed the hope that new members will increase the company’s diversity.

Twitter has been struggling lately to maintain a sense of forward momentum. Its stocks reflect these concerns, having dropped from a high in January 2014 of $69 to $17.84 at the close last Friday. At issue is sluggish growth in the number of new users signing on to Twitter. It may be, of course, that most people who want to use Twitter are already doing so. A much-promoted rollout of a major new feature, Moments, debuted in the fall, but it’s not really clear whether that’s being viewed as a success or not.

Investors want to see the company compete more aggressively with competitors like Facebook and Snapchat.

 

Sabrina Son

Sabrina is the editor in chief for TINYpulse news. She's dipped her toes into various works of writing — from retail copywriter to magazine editor. Her work's been featured in Forbes, Bloomberg BNA, and Tech.co.

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