Twitter has enacted some changes that is seeing the departure of four executives, confirming some reports from earlier today.
In a tweet, chief executive Jack Dorsey announced that senior vice president of engineering Alex Roetter, senior vice president of product Kevin Weil, global media head Katie Stanton, and vice president of human resources Brian "Skip" Schipper have left.
Dorsey sought to emphasize in his tweet that every one of the executives voluntarily left the company. First revealed by Re/code. This news takes place simultaneously as other employees announced their resignations, specifically Jason Toff who headed the six-second video platform Vine — he's rejoining Google to work on virtual reality.
Was really hoping to talk to Twitter employees about this later this week, but want to set the record straight now: http://pic.twitter.com/PcpRyTzOlW
— Jack (@jack) January 25, 2016
The company has enacted a temporary transition plan in which chief operating officer Adam Bain will oversee not only the revenue-related product teams, but also the media and human resource departments. Chief technology officer Adam Messinger has been tasked with combining the engineering team with the consumer product, design and research, user services, and Fabric teams into one group. Dorsey said that he'll be working with Messinger on creating the right experiences for the newly formed team.
All of this comes amid rumors that Twitter will be hiring a chief marketing officer soon, an area that is currently overseen by the company's chief financial officer Anthony Noto, and a new public relations chief, which right now is under the guidance of general counsel Vijaya Gadde.
How investors in the public company are reacting to the news isn't clear quite yet as the stock market won't open for a few more hours. However, the departures of more executives may cause them to worry about the state of Twitter. Its stock has dropped considerably from a high in January 2014 of $69 to close at $17.84 on Friday. It began its life as a publicly traded company at $45.10, after being priced at $26, but with investors worried about the sluggish growth in users, the price has just gone down.
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Twitter shakeup: Heads of product, media, engineering, and HR depart
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