Feeds

Tumultuous Twitter torches top talent, topples COO

Rowghani out as company plans to eliminate exec role

Providing a secure and efficient Helpdesk

Twitter has announced that its chief operating officer (COO) will be leaving the company and will not be replaced.

The company issued a 407 character (2.9 Tweet) statement [PDF] to the US Securities and Exchange Commission to inform that Ali Rowghani had resigned from his position and would be moving to an advisory role.

Twitter said that it will not be hiring a replacement, instead handing out Rowghani's former duties to other members of the executive team. Rowghani later confirmed the news with a farewell Tweet to the company.

Rowghani had been with Twitter since 2010. Starting out as chief financial officer, he would move into the COO role in 2012, and was considered to be the second in command at the company behind CEO Dick Costolo. Prior to joining Twitter he worked at Pixar.

The move comes as the profit-impaired Twitter continues to struggle to meet shareholder expectations. In April, the firm irked investors when it reported a net loss of $132m over its last financial quarter. Though revenues are growing, the firm has yet to break out of the red in its quarterly earnings.

As a result, Twitter's stock price has taken a beating in recent months, down 35 per cent since last December. Shortly after the news of Rowghani's departure broke, Twitter stock rose to close out the day up 3.52 per cent.

This has not been an easy week for Twitter by any means. On Wednesday the company's security team was sent scrambling after researchers disclosed a major security flaw in the TweetDeck platform which allowed for cross-site scripting attacks. The move prompted warnings for users to completely disable the TweetDeck platform on their profiles until a fix was deployed later in the day.

The flaw was reported by a 19-year-old Austrian student, who claims to have informed Twitter of the vulnerability but received no response from the company until proof-of-concept code began circulating. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.