Market Overview

Twitter Eliminates Top Executive Position

Share:
Related TWTR
The Story Of Lockheed Martin And The $4 Billion Tweet
How The Top 15 Smartphone Apps Have Changed Over The Last Few Years
The Vetr community has upgraded $TWTR to 3.5-Stars. (Vetr)

In an 8-K filed Thursday morning, Twitter (NYSE: TWTR) announced the resignation of COO Ali Rowghani.

Rowghani will still be employed by the company and advise CEO Dick Costolo. Twitter does not plan to hire a new COO, “and all of Mr. Rowghani's operating responsibilities will be assumed by other members of the Twitter management team.”

Interestingly, Rowghani sent some farewell regards in a tweet.

Shares of Twitter initially fell 1.87 percent on the news, but have since rebounded to a 4.25 percent gain.

Posted-In: Ali Rowghani Dick CostoloNews Management Hot

 

Related Articles (TWTR)

View Comments and Join the Discussion!