SAN FRANCISCO (Reuters) – Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company’s growth.
Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter, and HR head Brian “Skip” Schipper will all leave the company, he said.
Addressing what he called inaccurate press rumors, Dorsey praised the four executives and said he was sad to announce their departures.
Twitter’s stock has fallen nearly 50 percent since Dorsey’s return last year and is now trading below its IPO price amid concern the company has failed to significantly boost its user base despite a quicker pace of product rollouts under Dorsey.
On Sunday night Jason Toff, who heads Twitter’s video streaming service, Vine, tweeted that he was also leaving Twitter to join Google to work on virtual reality. Dorsey’s tweet did not mention him.
In an earnings conference call in October, Dorsey spoke about “hiring and investing in talent” and the need for “bold rethinking.”
FOR IMMEDIATE RELEASE
NANCY GRACE FROM CCN arrested who’s next FOX NEWS??????????????????????? BEWARE YOUR NEW RIGHTS ARE GONE!
PRESS CONFERENCE IN STOCKHOLM,SWEDEN
We were in great company while DOLLY PARTON in Stockholm,SWEDEN on
July 10th 2015 at 11am New York Time. AND IN Stockholm,SWEDEN was on the phone
CBS Radio,People Magazine and also WHENMAGAZINE.COM. It was a great pleasure to be included in the phone conference. The last conference we did was with Sylvester Stallone.