Monday, January 25, 2016

Twitter faces a reorganization before the departure of key executives – La Nacion (Argentina)

Jack Dorsey, CEO of the company, confirmed the departure of four members of senior management, as must deal with the slow growth of the platform next to the pressures of investors

Twitter fails to reach the expected growth for investors, and suffered the departure of four executives clave.Foto: Reuters

Twitter is in reorganization, said its founder and chairman, Jack Dorsey, to announce the release of five members of the leadership of the social network, which faced tough times and tries improve profitability and growth prospects.

The social network announced on Sunday night heading four vice presidents and the head of video applications that went to Google.

“I am saddened to announce that Alex Roetter, Skip Schipper, Katie Stanton and Kevin Weil chose to leave the company,” Dorsey said in a message on his personal account in the network.

With the departure of these vice presidents, Twitter lost four of the nine members of the executive team of the company.

Several US media have early Sunday departure of those executives and some had said they had been dismissed.

Alex Roetter and Kevin Weil, vice president in charge of engineering and products, respectively, were in the company for five years, like Katie Stanton, head of the media. Brian “Skip” Schipper was for his part responsible for human resources.


The statement of Jack Dorsey, CEO of Twitter

“I will be forever gratefularoetter,katies,skipschipper andkevinweil ​​for everything that occurred in Twitter. íEllos are absolutely amazing! “Dorsey wrote in his Twitter account, adding that he was” saddened “by those outings.

In a lengthy statement, Dorsey said what it called” inaccurate rumors news “on the internal reorganization, claiming that the departing executives” have chosen to leave the company. “

” The four will take a well deserved rest. I am personally grateful to each of them for all they contributed to Twitter and our purpose in the world, “said Dorsey. “ÍEllos are great people!”

He said the chief operating officer of Twitter, Adam Bain, “assume additional responsibilities” as part of the restructuring, and the chief technology officer, Adam Messinger.



Slow growth

Jack Dorsey, Twitter and CEO of Square, confirmed the departure of executives compañía.Foto: Reuters

The Wall Street Journal said that Twitter plans to integrate two new members of the board of the company next week, and at least one of them would be an executive of high-profile industry the media.

According to the newspaper, last year Dorsey made it a condition to redirect the company replacement of the entire board of directors, which also includes Evan Williams, co-founder and one of the major individual shareholders of Twitter.

Twitter declined to answer requests for comment from AFP. Dorsey returned to the presidency of the group in order to give a second wind.

Investors are concerned about the growth prospects of Twitter, whose listing on the stock market has fallen sharply in recent weeks. The number of Twitter users has increased slowly in recent quarters.

In late September Twitter claimed 320 million users worldwide, only four million more than three months earlier.

Dorsey currently runs two companies, Twitter and signing of mobile payments Square, two companies valued at billions of dollars struggling to gain profitability.

Twitter must report their financial results four quarter of 2015 on February 10.

From Twitter to Google

Separately, Jason Toff, who led the team on Twitter video application Vine, announced Sunday left the company to go to Google.

“personal íActualización! I’m joining Google to work in VR (virtual reality). There are a lot of potential there,” Toff, who was also the product manager said Twitter.

“My decision to leave came was difficult. I want the team, I am very proud of what we have done and I know that there will be incredible for them later things,” he added from his personal account . on Twitter

Agency AFP

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