New York, May 27 : In another blow to the micro-blogging website Twitter, two of its top executives are set to leave the company, media report said on Friday.
It is unclear exactly when the executives — Jana Messerschmidt who is head of business development, and Nathan Hubbard, head of media and commerce — will leave but as a result Twitter has tapped another executive to take over both roles at the moment, Re/Code reported on Friday.
Ali Jafari, the vice president running Twitter’s Amplify video advertising business, will reportedly take over media, business development and Amplify as one unified partnerships organisation, the report added.
The move comes at a time when the company is facing stalled user growth and growing competition. A sequential decline in its monthly active users (MAUs) base triggered a sharp fall for Twitter shares as the company announced its fourth quarter results recently.
The micro-blogging site reported 305 million monthly active users for the fourth quarter, compared to 307 million in the third quarter that excluded SMS-only followers.