Twitter Falls on Executive Exits as Turnaround Seen Delayed
- Company said to name two new board members this week
- Twitter under pressure to make product improvements quickly
What Executives’ Departure Mean for Twitter
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Twitter Inc. fell after the company lost four members of its executive leadership team, including its product and engineering chiefs, signaling any attempts to boost growth at the struggling social media company will be delayed.
The quartet of executives, including product head Kevin Weil and head of engineering Alex Roetter, chose to leave the company and take some time off, Chief Executive Officer Jack Dorsey said in a Twitter post. Twitter’s head of media, Katie Jacobs Stanton, and human resources vice president Brian “Skip” Schipper are also leaving the San Francisco-based company, Dorsey said.