Twitter considers exit of Dick Costolo in board reshuffle – report
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Version 0 of 1. Related: Dick Costolo: why tech firms are set to face complex ethical issues Twitter’s board is weighing a shakeup that could involve the complete exit of its former chief executive officer, Dick Costolo, Bloomberg has reported, citing people familiar with the matter. The changes may be announced when the company names a permanent CEO, Bloomberg said. The board may be expanded or shuffled to represent directors from diverse backgrounds, such as minorities and those with experience in adjacent industries, including advertising and e-commerce, the people familiar with the matter said. Twitter declined to comment. Costolo stepped down as CEO on 1 July and the company named co-founder Jack Dorsey as a temporary replacement. Last week Twitter said its number of monthly average users grew in the second quarter at the slowest pace since it went public in 2013. Aside form Dorsey other possible candidates to replace Costolo as CEO include former Yahoo boss Ross Levinsohn; Mike McCue, head of newsreader app company Flipboard; Instagram founder Kevin Systrom; and Evan Williams, who runs the blogging website Medium, according to the investment bank SunTrust Robinson Humphrey. |