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Twitter Inc Management Turmoil Continues As News Executive Quits

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Twitter Inc Management Turmoil Continues As News Executive Quits
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Twitter Inc.'s (NYSE: TWTR) management turmoil appeared to grow on Thursday with the departure of its highest-profile media executive, who had served only a year on the job.

Vivian Schiller, head of news and journalism partnerships at Twitter, confirmed her departure in a Tweet.

Prior to taking the Twitter job in October of last year, Schiller was the chief digital officer for NBC News and had previously been chief executive and president of NPR. She had also served as senior vice-president and general manager of the New York Times Web site.

Shiller's departure is part of a consolidation Twitter's newly appointed head of media Katie Stanton is attempting for the segment, according to a Twitter internal memo published by the news site Re/code.

"As part of this transition, Vivian Schiller has decided to step down from her role," Stanton wrote.

“I want to thank Vivian for all she has done at Twitter this year," Stanton said. "Her knowledge and experience in the field of journalism and her respect among industry peers have been instrumental to our work and reputation with news organizations.”

Shiller follows out the door Ali Rowghani, who quit in June as Twitter's chief operating officer; Chloe Sladden, also left this past summer as head of media, Twitter's product chief, Michael Sippey, resigned in January, and in May, Christopher Fry, the senior vice-president of engineering quit.

Stanton, a four-year veteran at Twitter, was named to her current role in July.

Twitter, down 13 percent in the year to date, traded recently at $55.16 a share, down 0.5 percent.

Posted-In: Vivian SchillerNews Management Events Best of Benzinga

 

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