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CFO Noto Taking Control of Twitter (TWTR) Marketing Department - the Verge

May 5, 2015 1:29 PM EDT

Twitter (NYSE: TWTR) is volatile mid-day (-0.63%) on reports from theVerge that CFO Anthony Noto is taking over the company's marketing deportment.

From the Verge:

As an investment banker at Goldman Sachs, Anthony Noto orchestrated Twitter's initial public offering. Now Noto is Twitter's chief financial officer, and he's changing the score again, moving the social network's hapless marketing department under his control. Marketing is not typically the purview of a CFO, and a source familiar with the situation told The Verge that the unusual structure was discussed in a meeting at Twitter headquarters Monday. "Noto is consolidating power, so to speak," the source said.



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