Four Twitter Execs Decide to Make Their Exit
Four senior executives at Twitter have revealed plans to leave the company. The four include product chief Kevin Weil; head of engineering Alex Roetter; VP of global media, Katie Jacobs Stanton; and VP of human resources, Skip Schipper. Twitter CEO Jack Dorsey confirmed the departures and said each exec made the decision to leave separately within the last few weeks. Dorsey framed the them as "taking some well-deserved time off." Twitter COO Adam Bain and CTO Adam Messinger will take on some of the departed execs' responsibilities while the company searches for replacements. Dorsey said the company plans to bring on a new CMO as well as new board members. Jason Toff, the general manager of Vine (owned by Twitter), also announced plans to depart. Toff is headed to Google, where he will join the virtual reality team. Twitter has struggled to win over new users and has seen its share price erode dramatically over the last few months.
Jack Dorsey Named Twitter CEO
Twitter today moved to make Jack Dorsey its permanent CEO. Dorsey, who co-founded Twitter in 2006, has served as interim CEO since June when then-CEO Dick Costolo stepped down.
Twitter to Cut 8% of Workforce In Bid to Save Cash
Twitter today revealed plans to cut 336 workers, or about 8% of its employees. The cuts come just a week after co-founder Jack Dorsey was re-named CEO.
Twitter Loses Its CEO, Drops Character Limit In DMs
Twitter today said CEO Dick Costolo plans to step down effective July 1. No reason was given for Costolo's departure.
T-Mobile Shuffles Execs
T-Mobile has promoted CMO Mike Sievert to the COO position, according to a document the company filed with the Securities and Exchange Commission. Sievert served as the CMO under CEO John Legere since November 2012 and helped develop the company's Uncarrier strategy.