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Twitter poaches former Goldman Sachs banker as chief financial officer | Twitter poaches former Goldman Sachs banker as chief financial officer |
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Twitter has poached former Goldman Sachs banker Anthony Noto to become its chief financial officer, as the microblogging site seeks to jump start its slowing growth rate. | Twitter has poached former Goldman Sachs banker Anthony Noto to become its chief financial officer, as the microblogging site seeks to jump start its slowing growth rate. |
Noto has a reputation as a top deal-maker in the tech sector at Goldman Sachs and led Twitter's initial public offering in November last year. | Noto has a reputation as a top deal-maker in the tech sector at Goldman Sachs and led Twitter's initial public offering in November last year. |
The 46-year old Noto will be paid $250,000 a year, according to regulatory filings, and is set to receive one-time grants of 1.5 million restricted stock units and 500,000 stock options, vesting over four years. | The 46-year old Noto will be paid $250,000 a year, according to regulatory filings, and is set to receive one-time grants of 1.5 million restricted stock units and 500,000 stock options, vesting over four years. |
Noto later tweeted: "I could not be more excited about joining the @Twitter team & helping them reach every person in the world." | |
The move comes after former chief operating officer Ali Rowghani resigned last month amid criticism that he failed to put in a place a solid growth strategy at the social network with shares on the slide. | The move comes after former chief operating officer Ali Rowghani resigned last month amid criticism that he failed to put in a place a solid growth strategy at the social network with shares on the slide. |
Noto will replace current chief financial officer Mike Gupta, who will become senior vice president of strategic investments, overseeing a new division. They'll take up their new roles within the next 30 days, Twitter said in a statement on Tuesday morning. | Noto will replace current chief financial officer Mike Gupta, who will become senior vice president of strategic investments, overseeing a new division. They'll take up their new roles within the next 30 days, Twitter said in a statement on Tuesday morning. |