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Twitter COO Anthony Noto resigns

Twitter corporate logo, COO Anthony Noto resigns January 2018
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After being in charge as Twitter's COO for about a year, Anthony Noto decided to move on, accepting the CEO position at SoFi, a financial technology startup.

Twitter has been around for more than a decade, but its last few years were quite tough, mainly due to the lack of innovation and unstable leadership. Back in late 2016, Twitter's COO Adam Bain had left the company after being with it for six years. Sadly, its successor is now already leaving Twitter and moving to a CEO job at a technology startup. However, Anthony Noto spent more than two years with Twitter overall, since he joined the company as its CFO back in July 2014.

According to Twitter's CEO Jack Dorsey, "Anthony has been an incredible advocate for Twitter and a trusted partner to me and our leadership team." On the other hand, Noto expressed his trust in Twitter's future. "While it's bittersweet to depart, I have the utmost confidence in Twitter's future and look forward to watching the wonderful success the team will continue to achieve," he said.

Although Twitter's press release does not mention the company Anthony Noto is leaving for, SoFi made the official announcement one day later. Noto will start as their CEO and director on March 1, 2018. After his departure, Twitter's Vice President of Global Revenue and Operations will be in charge of the advertising sales efforts, while the business operations and revenue-generating operations will be handled by other employees that have not been named in the official press release.

In October 2017, Twitter had around 330 million active users. However, this number could go down in the future if the service does not come up with new features to keep its users away from the competition. For now, Twitter remains strong in the US, where Alexa ranks it as the 8th most popular website, right after Wikipedia and Yahoo.


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Codrut Nistor, 2018-01-25 (Update: 2018-01-25)