Masterclassing Connect

Four Top Execs Leave Twitter as CEO Dorsey Reshuffles Leadership

Tim Maytom

Twitter-carousel.pngFour senior executives are leaving Twitter, marking the biggest leadership changes since CEO Jack Dorsey returned to the company he helped found last year with the aim of reviving growth at the struggling social media platform.

The changes, which were confirmed by Dorsey on Twitter, see head of media Katie Jacobs Stanton, head of the engineering division Alex Roetter, head of HR Brian Schipper and head of product Kevin Weil all departing the company. Dorsey took to Twitter to confirm the departures, citing the need to address "inaccurate press rumours".

"All four will be taking some well-deserved time off," said Dorsey. "I'm personally grateful to each of them for everything they've contributed to Twitter and our purpose in the world. They are phenomenal people!

"Our COO Adam Bain will be taking on additional responsibilities, including responsibility for the revenue-related product teams, the Media team, and the HR team on an interim basis. Our CTO Adam Messinger will be taking over all of engineering and consumer product, design and research, user services, and Fabric into one group."

Jason Toff, who heads Twitter's short video streaming service Vine also announced that he was departing the company to work on virtual reality at Google on Sunday night.

Since Dorsey returned last year, Twitter's stock price has fallen almost 50 per cent, and is now trading below its IPO price, with many concerned that the company has failed to boost user base growth despite a range of product rollouts.

The remaining Twitter executives are reportedly planning a retreat later this week where Dorsey will articulate his plans for the future of the social network, which despite the introduction of innovations like Moments, he has so far failed to do to shareholders.