Twitter CEO Jack Dorsey tweets big changes to management team as several key employees leave.
Jack Dorsey badly needs the new 10,000 character limit for Tweets. He had to post an image of a statement to communicate all the changes in the Twitter management team.
In a reaction to inaccurate rumors, Jack Dorsey announces earlier than he had planned several departures of key employees. Alex Roetter, Skip Schipper, Katie Santon and Kevin Wiel are leaving Twitter.
Katie Santon was the VP of Media, Kevin Weil the VP of Product and Alex Roetter the VP of Engineering. Skip Schipper was the VP of Human Resources.
Dorsey says that CEOO Adam Bain will take the lead on HR and Media on an interim basis. CTO Adam Messinger is picking up the tasks of Engineering and the tech side of the product management.
Dorsey says that Messinger has been on his staff for over 4 years. "And I will be partnering with him day and night to make sure we're building the right experiences." The question is what the right experiences are for Twitter. One thing is for sure, the outages need to stop.
The Twitter (NYSE:TWTR) stock is setup to drop today. A management exodus of that magnitude is a major disruption, causing delays and instability. Twitter trades at about 25% of its all time high.
Read below Dorsey's full statement.