With Stalling Growth, Twitter's COO Tweets His Resignation

Former Staff Writer
2 min read

How did Twitter’s chief operating officer announce his resignation earlier this morning? Via tweet, of course.

“It’s been an amazing ride, and I will cherish the memories,” wrote Ali Rowghani, who initially joined the company in 2010 as CFO. The company’s CEO, Dick Costolo, responded in kind:

The management shakeup within Twitter’s top echelons was initially reported by Recode, which noted that Rowghani had failed to grow users and innovate the platform, and also that a recent stock sale of 300,000 shares for $9.9 million raised eyebrows.

Board members were also “chafed,” per Recode, about a Wall Street Journal profile in April that referred to Rowghani as “Mr. Fix-It” and “co-CEO among employees.”

Twitter confirmed Rowghani’s resignation from the COO spot in an SEC filing today. “[He] will continue to be a Twitter employee and act as a strategic advisor to the CEO,” the company said. “Twitter does not intend to hire a replacement for the COO role, and all of Mr. Rowghani’s operating responsibilities will be assumed by other members of the Twitter management team.”

Related: Twitter's TweetDeck Returns After Security Issue Derailment

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur