Twitter announced that it has appointed Facebook's former chief technology officer and Quip chief executive Bret Taylor to its board. His term begins immediately and will expire at the annual shareholder meeting next year. As part of his service, the company will be providing cash and equity compensation.
The addition is notable in that this would be one of the first instances of Twitter bringing on board someone from a “rival”, that being Facebook. Pundits have often remarked that there's no love lost between the two. However, the addition of Taylor could help the company enhance its ability to reach new users.
His appointment means he'll join alongside members like Benchmark Capital's Peter Fenton, PepsiCo's Hugh Johnston, Twitter cofounder and Obvious Corp's Evan Williams, and others.
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Twitter adds Quip CEO and former Facebook CTO Bret Taylor to board
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