Twitter poaches Google executive Kordestani for chairman post

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Twitter (TWTR) Updates on Compensation Package for New Exec. Chairman Kordestani

October 16, 2015 9:04 AM EDT

Twitter (NYSE: TWTR) disclosed the following on Friday morning:

Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 13, 2015, the Board of Directors (the Board) of Twitter, Inc. (the Company) appointed Omid R. Kordestani to serve as a member of the Board and as its Executive Chairman, in each case, effective as of October 13, 2015. Mr. Kordestani will serve in the class of directors whose term expires at the annual meeting of stockholders to be held in 2017. At this... More

Twitter (TWTR) Now Has 'the two most talented and influential rainmakers in tech' - Sacca

October 14, 2015 1:23 PM EDT

Twitter (NYSE: TWTR) shareholder Chris Sacca is positive on the appointment of Omid Kordestani as Executive Chairman. He said the company now has the "the two most talented and influential rainmakers in... More

Twitter (TWTR) Moments Could be Key Move for User Engagement, Retention

October 14, 2015 9:20 AM EDT

Twitter's (NYSE: TWTR) Moments may be met with mixed reviews following its recent launch, but one market watcher sees the initiative as key for the social media giant.

GlobalWebIndex said earlier this week that about 41 percent of active... More