Twitter's exodus of executives continues as CTO and VP of Product both leave
Twitter can't seem to hang on to its executivesBy Rob Thubron
It seems that Twitter is losing executives at an alarming rate. The company's Chief Operating Officer departed last month, and yesterday it was the Chief Technology Officer who waved goodbye. The CTO's announcement was quickly followed by a Tweet from VP of product Josh McFarland, revealing that he was also leaving the firm.
CTO Adam Messinger has been with Twitter for five years following his move from Oracle, where he was vice president of development. His decision to leave Twitter and take some time off was announced via a tweet, in which he also thanked CEO Jack Dorsey and his team.
Thank you for everything you've done for Twitter Adam! I have learned so much from you, and appreciate everything you stand for. ?? https://t.co/xdnZ9gdnnO--- ??jack (@jack) December 20, 2016
Engineering Vice President Ed Ho will take over Messinger's duties and report directly to Dorsey. The New York Times reports that the former CTO won't be joining any rival social media companies.
"We're taking steps to streamline and flatten the organization by elevating our engineering, product and design functions, with each area now reporting directly to Jack," said a twitter spokesperson.
Another departure is Josh McFarland, who has been Twitter's VP of product for the last nine months. He joined the company almost two years ago when it acquired the adtech firm he co-founded - TellApart - for $479 million. McFarland leaves to join Silicon Valley venture company Greylock Partners.
The departures follow COO Adam Bain's decision to leave Twitter last month. CFO Anthony Noto took over his position, and is handling both jobs until a new Chief Financial Officer is appointed.
Twitter has experienced an exodus of executives this year, with half a dozen VPs from various departments leaving throughout 2016. The company also confirmed in October that it would lay off 9 percent of its staff.