Bad news for Twitter employees. Twitter Chief Operating Officer (COO) Adam Bain has announced that he is leaving the company. He posted a flood of tweets about his moving and bonding with the association.
Twitter also announced its new COO today. Anthony Noto, who is working as a Chief Financial Officer (CFO) since 2014, is going to take charge as new Chief Operating Officer. Anthony Noto will be responsible for more operations such as live content business, revenue generating organizations including global advertising sales, data revenue product and business development.
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Bain’s exit comes nearly two weeks after the company announced a new round of redundancies which had been widely rumored. Bain joined on Twitter in 2010, and he was taken from Fox Interactive Media in 2010. Bain is a talented person, and he had done a great job for civilizing and strengthening Twitter’s advertising business. The news is that Adam Bain Resignation had approved by the organization.
Adam Bain Tweets about his journey and leaving Twitter revealed many things and reasons also. Twitter CEO Jack Dorsey said “Since joining Twitter in 2010, Adam did a lot of hard work to improve business and he builds a fantastic team. I am grateful to Bain for everything he has done for twitter’s development, and I hope we missed a dearest friend.”
Responding to this Adam Bain said that “It has been a great honor and privilege to work along with Jack and the entire Twitter team for building a stronger social platform that exists today. New COO Anthony Noto is a good friend to me, and both worked side by side since he joined in July 2014. I have faith in Noto and his skills to take Twitter ahead.”
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Twitter Said that it is looking for a new CFO. Along with COO, Noto will continue to work as the CFO until a new CFO has found. As we know earlier this month Twitter India head Rishi Jaitley and Parminder Singh also announced their resigns from the company.
Adam Bain Tweeted that “So…. I have some news. After six years I am ready to change gears and do something new outside the company.”
After 6 years and a once-in-a-lifetime run, I let Jack know that I am ready to change gears and do something new outside the company.
— adam bain (@adambain) November 9, 2023
.@anthonynoto @dickc @ev @biz @jack Lastly, for the team…
As has been my call for the entire 6 years:Go make history!
It has been an honor to learn alongside all of you.
— adam bain (@adambain) November 9, 2023
Can't tell you how much I will miss U my friend. Couldn't imagine the last 3 yrs w/out U. You have had a tremendous impact on Twitter TY 🙏 https://t.co/GqRUvNGhv6
— Anthony Noto (@anthonynoto) November 9, 2023