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Elliott’s Cohn Plans to Step Down From Twitter Board

  • Activist investor Cohn to move on after replacement appointed
  • Twitter is up 95% since Elliott’s investment became public
Jesse Cohn
Jesse Cohn

Photographer: Jamiya Wilson via Elliott Management 

Elliott Management Corp.’s Jesse Cohn plans to step down from Twitter Inc.’s board once the company can find a replacement.

Twitter is searching for a new independent board director, in line with its “interest in continuing to enhance the diversity of the board,” to replace Cohn, according to a filing Thursday. It’s unclear how long the search will take. Elliott’s standstill agreement will remain in effect until Cohn steps down from the board, according to the filing.