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Twitter to add board members, lose top staff in major shakeup
VP global media Katie Jacobs Stanton and senior vp product Kevin Weil have both departed from the social media company, according to a report in Re/Code.
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AP/ AnonymousKatie Jacobs Stanton (right) was part of Barack Obama’s social media savvy team during the first part of his presidencyFour of Twitter‘s top execs are leaving the company, Recode’s Kurt Wagner and Kara Swisher reported on Sunday, along with Mike Isaac of The New York Times.
Twitter plans to announce executive changes, including the recruitment of a new chief marketing officer on Monday, according to the source.
Twitter’s eight-person board includes venture capitalist Peter Fenton, Hollywood executive Peter Chernin and Silicon Valley business executive Peter Currie.
Alex Roetter, Twitter’s senior vice president of engineering, will soon exit the company, according to three people familiar with the matter. Jason Toff, the GM of the Twitter-owned Vine, is also leaving, per Re/code. Messrs. Roetter and Weil and Ms. Stanton didn’t respond to requests for comment.
Last year, the San Francisco company also slashed 8 percent of its workforce, laying off more than 300 employees amid a string of high-level executive departures, including its CEO Dick Costolo.
JUSTIN TALLIS/AFP/Getty Images Twitter has been going through a series of changes since Jack Dorsey became CEO in October 2015.
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Dorsey, who is also CEO of financial services technology company Square, has yet to lay out a detailed plan of what he wants Twitter to do differently. The company has been looking to add directors since appointing former Google Inc executive Omid Kordestani as executive chairman in October. Mr. Dorsey has said he would seek additional outside candidates for the board, which has been criticized as insular and dominated by company insiders. Twitter failed to evolve its product in a way to appeal to the mainstream mass, resulting in a growth stunt and investor concern. Twitter has experimented with tweaking its reverse chronological timeline, for example, as well as longer tweets.