In a Twitter post published Sunday, Twitter CEO Jack Dorsey announced four executives are leaving the company: Alex Roetter, head of engineering; Kevin Weil, head of product; Katie Jacobs Stanton, vice president of global media; and Brian “Skip” Schipper, vice president of human resources.
“All four will be taking some well-deserved time off,” wrote Dorsey. “I’m personally grateful to them for everything they’ve contributed to Twitter.”
Meanwhile, the leader of Twitter video service Vine, Jason Toff, confirmed on Twitter he is leaving to work with Google on virtual reality.
Following the announcement, Citi downgraded Twitter shares to neutral, reports Marketwatch, claiming the executive exodus will likely delay plays for a turnaround.
Since taking over as CEO permanently in October, Dorsey’s top priority has been attracting more users to the service. Growth in monthly active users has slowed in recent quarters, pushing Dorsey to consider changes such as dropping Twitter’s signature 140-character limit on tweets.
By: Brett Molina.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
For The #FacebookTeam