Twitter Inc (NYSE:TWTR) will go through another major change in its leadership. Yet another executive at the micro-blogging site is stepping down, this time from the position of news head. Vivian Schiller has spent almost a year with the company, and now she plans to move on. The company has already found a replacement for her.
Replacement already found
Vivian Schiller is a former NBC executive, and at Twitter Inc (NYSE:TWTR) she was responsible for carrying out effective communications between her company and news organizations. A Twitter spokeswoman told Reuters that the responsibilities shouldered by her will be handed over to Adam Sharp, who is currently the leader of the government and elections team.
Before making her exit, Vivian tweeted and gave her best wishes to the company. She said that her departure would allow Twitter vice president of global media Katie Stanton to “reorganize” as she saw fit.
Another tweet from Schiller reads “2/3 Many thanks to @chloes and @rowghani for convincing me to come work at Twitter. It was a fascinating experience.”
Management changes at Twitter
There have been many changes in the company’s top management, and recently we have seen some other senior execs depart the company. Two prominent names are Ali Rowghani, who was working in the capacity of company’s Chief Operating Officer, and media head Chloe Sladden. Stanton was hired as a replacement for Sladden. Rowghani, Sladden and Schiller had joined the micro-blogging site simultaneously.
The San Francisco-based company also recently hired investment banker Anthony Noto as the CFO, who in a memo (obtained by Re/code) said: “As we continue to streamline the global media team and become more operationally efficient, we have decided to merge our news, gov & elections teams in North America.”
Twitter Inc (NYSE:TWTR) has been battling off reverse a steady slowdown in growth. The efforts are paying off, as last quarter; Twitter surpassed the targets set by Wall Street analysts.
On Wednesday, Twitter shares closed up 3.53% at $55.42, but year to date shares are down over 8%.