Twitter’s product development problem a challenge for Dorsey’s replacement: Tech expert
Evercore ISI Senior Managing Director Mark Mahaney discusses the future of Twitter following the departure of Jack Dorsey and censorship questions facing new CEO Parag Agrawal.
Twitter's new CEO Parag Agrawal is shaking up the social media giant's leadership team in an effort to "drive increased accountability, speed, and operational efficiency."
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According to a filing with the Securities and Exchange Commission, Twitter engineering lead Michael Montano and design and research lead Dantley Davis will step down from their positions at the end of the year. Both Montano and Davis will continue to serve in advisory roles through the end of the first quarter of 2022 to ensure an orderly transition.
Twitter will transition to a general manager model for its Consumer, Revenue and Core Tech divisions, which will be led by Kayvon Beykpour, Bruce Falck and Nick Caldwell, respectively. The general managers will be responsible for leading all core teams across engineering, product management, design and research.
In addition, Lindsey Lannucci has joined the leadership team to serve as chief of staff and vice president of operations to support Agrawal in strengthening operations across the leadership team and the company.
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On Monday, Twitter co-founder and former CEO Jack Dorsey announced that he would be stepping down and handing over the reins to Agrawal, the company's former chief technology officer, who was unanimously approved by its board of directors.
"There's a lot of talk about the importance of a company being 'founder led'," Dorsey said in an email to employees shared on Twitter Monday. "Ultimately, I believe that's severely limiting and a single point of failure. I've worked hard to ensure this company can break away from its founding and founders."