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Twitter COO Ali Rowghani Resigns

Twitter COO Ali Rowghani Resigns

Ali Rowghani has resigned from his position as Chief Operating Officer (COO) of Twitter.

Rowghani, who joined Twitter from Pixar, will remain an employee but will switch to an advisory role.

Twitter expanded on the news in an official filing to the SEC:

Effective today, Ali Rowghani has resigned from his position as the Chief Operating Officer (“COO”) of Twitter, Inc. (“Twitter”). Mr. Rowghani will continue to be a Twitter employee and act as a strategic advisor to the CEO. 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.

And Rowghani himself broke the news in a tweet:

Which Twitter CEO Dick Costolo responded to:

While no specific reasons for the departure have been given by Twitter, Re/Code’s Kara Swisher, who speculated on the possibility of Rowghani’s resignation last night, suggested that Twitter’s lacklustre growth and a recent large stock sale from Rowghani (he sold 300,000 shares of Twitter for $9.9 million after the stock lockup period ended, notes Business Insider) led some to wonder whether Twitter even needs a COO.

Additionally, former Huffington Post CEO Eric Hippeau noted that COO’s are often a scapegoat when companies are having a tough time.

Still, it’s not all bad news – the market has warmed to the decision with Twitter’s stock up over 4 percent at the time of writing.

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