Twitter’s stock opened today down by more than six percent following the departure of five key players at the company.
The departures so far include engineering vice president Alex Roetter, product vice president Kevin Weil, media head Katie Stanton, HR vice president Brian Schipper, and Vine head Jason Toff.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1866840,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"A"}']We don’t yet know what triggered the sudden exits — news of which broke Sunday night — aside from Twitter’s known issues: the growth struggles, the stock’s downward spiral, and so on.
Twitter is apparently gearing up to announce a new chief marketing officer this week, too. Current American Express EVP of global advertising, Leslie Berland, is in the running for this role, Recode reports.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
[graphiq id=”8yBbyFfAmcR” title=”Twitter Inc. (TWTR) Stock Price – 2 Years” width=”600″ height=”490″ url=”https://w.graphiq.com/w/8yBbyFfAmcR” link=”http://listings.findthecompany.com/l/445483/Twitter-Inc-in-San-Francisco-CA” link_text=”Twitter Inc. (TWTR) Stock Price – 2 Years | FindTheCompany”]
Updated 7:03 a.m. PT with additional details.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More