Twitter just can’t seem to catch a break right now. After struggling to find a buyer, sacking 8% of its workforce, and shedding its Vine short video platform, the company’s COO has now announced that he will be stepping down.
“After 6 years and a once-in-a-lifetime run, I let Jack [Dorsey, the company’s CEO – ed] know that I am ready to change gears and do something new outside the company,” Bain announced on the social network.
“It’s been a privilege to have played a role in helping build something so special.”
Adam Bain had been a mainstay at Twitter since 2010
Bain’s departure makes way for Anthony Noto, who was previously Twitter’s CFO. Noto has himself been at Twitter since 2014, having previously held the CFO role at the NFL and managing director at Goldman Sachs.
Can’t tell you how much I will miss U my friend. Couldn’t imagine that last 3 yrs w/out U. U have had a tremendous impact on Twitter TY 🙏 https://t.co/GqRUvNGhv6
— Anthony Noto (@anthonynoto) November 9, 2016
Bain’s plans are currently unknown, but he encouraged the remaining members of the company to “go make history”, in his final tweet in the role.
Go make history!
It has been an honor to learn alongside all of you.
— adam bain (@adambain) November 9, 2016
There’s currently no word on who will replace Noto as the company’s CFO.
Feature image: Marisa Allegra Williams/Twitter via Flickr