Twitter to lose three execs as media chief, product VP and engineering head stand down
Three Twitter executives will be stepping down tomorrow, at a turbulent time in the social media company's fortunes.
Media head Katie Jacobs Stanton, product VP Kevin Weil and engineering head Alex Roetter are all departing the company, according to technology news website Re/code, citing sources.
Neither Stanton nor Weil has secured a new job yet and Twitter will be hiring interim replacements.
Twitter is also reportedly announcing the appointment of a “prominent” CMO tomorrow, alongside the departures.
Sources said she was “a well-known executive from a big brand company”, according to Re/code.
More changes are likely with Vine head Jason Toff and business development leader Jana Messerschmidt rumoured to be leaving.
The San Francisco start-up is also thought to be hiring a new head of PR and is expected to reshuffle its board in the next quarter, which will include a well-known media personality.
It has been a challenging few months for Twitter, which saw its share price slump to an all-time low last week having struggled to grow its users or satiate its investors.
This has triggered mounting speculation that the firm will become a takeover target, although last week's rumours of a merger with News Corp were found to be false.