Twitter’s Chief Operating Officer, Anthony Noto resigns
Twitter's operating chief, Anthony Noto is leaving to become head of
online lender Social Finance Inc., dealing a blow to Twitter’s strategy
for growth and raising questions about who will run day-to-day
operations in the company.
Noto will take over the top spot at SoFi on March 1, 2018. At that
time, board member Tom Hutton, who has been serving as interim CEO since
SoFi co-founder Mike Cagney resigned from the financial-technology
startup in September, will become its nonexecutive chairman.
Noto’s departure will leave a void at Twitter. Its chief, Jack Dorsey
splits his time between the social-media company and Square Inc., the
payments company he founded. Shares of Twitter fell 2.5% in morning
trading.
“Anthony has been an incredible advocate for Twitter and a trusted partner to me and our leadership team,” Twitter CEO Jack Dorsey said in a statement.
No comments
Your comments and Encouragement are welcome