Twitter COO resigns after growth lags

Twitter COO resigns after growth lags

Author | exchange4media News Service | Monday, Jun 16,2014 8:17 AM

Twitter COO resigns after growth lags

Ali Rowghani, COO of microblogging site Twitter resigned on Thursday with media sources claiming that the resignation followed an altercation with Twitter CEO Dick Costollo over flagging user base growth.

Chloe Sladden, Head of Media also tendered her resignation a few hours later. Tweeting after submitting his resignation, Rowghani said, "Goodbye Twitter. It's been an amazing ride, and I will cherish the memories." Rowghani joined Twitter as CFO in 2010, before taking over as COO in 2012. He is seen as one of the main orchestrators of Twitter's IPO in 2013. However, tensions regarding Twitter's flagging user base and lack of a proper definition of Rowghani's role seem to have finally led to the showdown and exit.

Twitter has been aggressively pushing to increase its user base and convert itself into an attractive destination for advertisers. Currently, the popular social platform has around 250 million plus users worldwide with approximately 20 million plus in India. The company has not announced a replacement for Rowghani yet with the role expected to be divided among the remaining top management.

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