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Dec. 4, 2021, 10:40 a.m. EST

New Twitter CEO reorganizes leadership, controversial executive to depart

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By Emily Bary

Twitter Inc. plans to change up its leadership structure now that Chief Executive Parag Agrawal is at the helm.

Agrawal plans to reorganize the leadership team under a “general manager” model, with Kayvon Beykpour, Bruce Falck and Nick Caldwell leading the consumer, revenue and core technology teams, respectively. The general managers “will lead all core teams across engineering, product management, design, and research,” per a filing with the Securities and Exchange Commission. Lindsey Iannucci is joining Twitter’s /zigman2/quotes/203180645/composite TWTR -2.54% leadership team and will serve as chief of staff and vice president of operations.

Opinion: Jack Dorsey didn’t change Twitter’s trajectory. What happens now?

Also as part of the leadership shift, Twitter announced that Dantley Davis, who led design and research at Twitter, will be leaving his post at the end of the year, but will remain as an adviser through the first quarter of 2022 “to ensure an orderly transition.” Davis was known to have a “blunt” leadership style that drew investigations from Twitter’s employee-relations department, according to an August report from the New York Times on a culture clash at Twitter centered around Davis.

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The leadership changes mark an early attempt by Agrawal to put his stamp on Twitter’s management now that he has ascended to the CEO post. Twitter announced Monday that Agrawal, formerly the company’s chief technology officer , would take the top role and succeed Twitter co-founder Jack Dorsey, who will stay on the board of directors until his term expires at next year’s shareholder meeting.

Twitter shares were off 2.2% in Friday afternoon trading. They’ve lost 23% over the past month as the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.22% has dipped about 3%.

$ 34.17
-0.89 -2.54%
Volume: 19.16M
Jan. 25, 2022 4:02p
P/E Ratio
Dividend Yield
Market Cap
$28.03 billion
Rev. per Employee
-53.68 -1.22%
Volume: 3.06B
Jan. 25, 2022 5:04p

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