360° Coverage : Twitter COO Ali Rowghani resigns

2 Updates

Twitter COO Ali Rowghani resigns

Jun 12 2014, 5:16pm CDT | by

NEW YORK (AP) — Twitter's chief operating officer, Ali Rowghani, has resigned from his post and won't be replaced as CEO Dick Costolo seeks more direct involvement with the company's...

Filed under: news

 
 
 

18 weeks ago

Twitter COO Ali Rowghani resigns

Jun 12 2014, 5:16pm CDT | by

NEW YORK (AP) — Twitter's chief operating officer, Ali Rowghani, has resigned from his post and won't be replaced as CEO Dick Costolo seeks more direct involvement with the company's engineering and product teams.

Rowghani joined Twitter in 2010 as chief financial officer and became COO two years later. Before that, he served as CFO at Pixar Animation Studios for nine years.

Twitter Inc. said in regulatory filing Thursday that Rowghani's responsibilities will be shifted to other executives. It did not give a reason for his departure. With the shift, Twitter joins other tech companies such as Google, Yahoo, Apple and Netflix that do not have a COO. Facebook's Sheryl Sandberg is a notable exception.

Rowghani had been tasked with expanding Twitter's user base, but this has not happened as quickly as investors had hoped. The San Francisco-based social media company has been trying to broaden its reach, most recently by luring in World Cup fans who want to follow teams and players using its service.

Rowghani's departure comes less than two weeks after Christopher Fry, Twitter's senior vice president of engineering, resigned and took on an advisory role. He was replaced by Alexander Roetter, who'd been Twitter's vice president of engineering.

Twitter's shares climbed $1.45, or 4.1 percent, to $37 in morning trading following the announcement. The stock has traded in the range of $29.51 to $74.73 since Twitter's initial public offering in November.

On his Twitter account, which is followed by some 22,700 people, Rowghani posted "Goodbye Twitter. It's been an amazing ride, and I will cherish the memories."

 
Update
2

7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing t ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedie ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/31" rel="author">Associated Press</a>
The Associated Press (AP) is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers.

 

blog comments powered by Disqus

Latest stories

Germany pledges additional five mn euros to fight Ebola
Berlin, Oct 22 (IANS) Germany Wednesday said it would provide over five million euros ($6 million) in additional funds to promote Ebola research.
 
 
Indian-origin student named America's Top Young Scientist
Washington, Oct 22 (IANS) Sahil Doshi, a 14-year-old Indian-American student has won the 2014 Discovery Education 3M Young Scientist Challenge for his innovative, eco-friendly battery design that could help lower harmful greenhouse gases.
 
 
Clashes between locals, Ebola team in Sierra Leone, curfew imposed
Freetown, Oct 22 (IANS) A mid-day curfew was imposed in the city of Kono in eastern Sierra Leone after two people were killed in a conflict between local residents and an Ebola team which tried to take a suspected patient for testing, media reported.
 
 
Indians in Gambia contribute to fight against Ebola (Lead, superseding earlier story)
Dakar (Senegal), Oct 22 (IANS) The Indian community in the West African nation of Gambia, has provided 865,000 dalasis ($20,567) to that country's government to boost preparatory strategy against the Ebola virus disease, a gesture that has been highly appreciated.
 
 
 

Latest from the Network

European Champions League standings
Paris, Oct 22 (IANS) Following are the European Champions League standings for Groups E to H after Tuesday's matches (tabulated under matches played, won, drawn, lost, goals for, against, points), according to Xinhua...
Read more on Sport Balla
 
Rogerio set to break Giggs world record
Rio de Janeiro, Oct 22 (IANS) Sao Paulo goalkeeper Rogerio Ceni is one victory away from earning his fourth Guinness World Record by eclipsing a mark held by Manchester United legend Ryan Giggs. The 41-year-old will...
Read more on Sport Balla
 
Ryan Reynolds can't keep his hands off Blake Lively
Ryan Reynolds was ''really sweet'' to Blake Lively at the Angel City Ball. The couple, who got married in September 2012, made their first red carpet appearance together in New York City on Monday night (10.20.14) since...
Read more on Celebrity Balla
 
Kris Jenner doesn't know who Bruce Jenner is dating
Kris Jenner has ''no idea'' whether Bruce Jenner is dating her best friend. The 58-year-old reality TV star, who split from the Olympic gold medallist last October after 23 years of marriage, claims she doesn't know if...
Read more on Celebrity Balla
 
When Rihanna dressed like 'Harry Potter'
New York, Oct 22 (IANS) Singer Rihanna was spotted here in a Harry Potter style costume. She wore the wizard-like get-up while heading for a business meal here Monday, reports mirror.co.uk. The 26-year-old combined a...
Read more on Celebrity Balla
 
Germany raises humanitarian aid to Iraq
Berlin, Oct 22 (IANS) Germany has pledged a further 20 million euros (about 25.5 million dollars) in humanitarian aid to Iraq, the foreign ministry said in a statement Tuesday. The additional funds are immediately...
Read more on Politics Balla
 
India calls on Israel, Palestine to resume peace process
United Nations, Oct 22 (IANS) India has called upon Israelis and Palestinians to resume the peace process as "dialogue remains the only viable option" to address the issues confronting the region. In a brief statement...
Read more on Politics Balla
 
Airstrikes help ground forces fight IS: Pentagon
Washington, Oct 22 (IANS) Kurdish forces are in control of the majority of the Syrian city of Kobane despite efforts by the Islamic State (IS) to take the town, a spokesperson for US defence department said Tuesday....
Read more on Politics Balla
 
Palestine, Israel urged at UN to halt unilateral initiatives
United Nations, Oct 22 (IANS) UN Secretary-General Ban Ki- moon Tuesday called on Palestine and Israel to overcome differences and halt unilateral initiatives that fuel mistrust, so as to pursue long-term stability in...
Read more on Politics Balla
 
China urges Israel to create conditions for peace
United Nations, Oct 22 (IANS) Chinese government has called on Israel to create necessary conditions for the resumption of peace talks with Palestine. At an open debate of the Security Council on the situation of the...
Read more on Politics Balla