Latest in Culture

Image credit:

Twitter COO Adam Bain steps down

Following an almost-sale and recent layoffs, the executive will be replaced by current CFO Anthony Noto.
Richard Lawler, @Rjcc
November 9, 2016
Share
Tweet
Share

Sponsored Links

AFP PHOTO / Romeo Acad

This afternoon Twitter's Chief Operating Officer Adam Bain announced in a series of tweets that he is leaving the company after six years "and a once-in-a-lifetime run." Listed second under CEO Jack Dorsey on Twitter's management page, Bain was in charge of building the company's advertising business. His departure comes after weeks of turmoil for the company, including rumors of a sale and hundreds of layoffs. A Bloomberg report in October signaled an internal struggle with CFO Anthony Noto taking more control, and he will replace Bain in the COO position.

In a statement, the company explained that Noto would continue in both positions while it searches for a replacement CFO. Noto's responsibilities will include the company's live content business (like last night's election broadcast with Buzzfeed and Thursday Night Football), ads and data, plus global partnerships and business development. Included was a quote from Dorsey, saying "I'm grateful to Adam for everything he's done for Twitter, and for his leadership and friendship over the years. I can't wait to see what he does next!​​"

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
Scientists might know why astronauts develop health problems in space

Scientists might know why astronauts develop health problems in space

View
Belkin’s new wireless charger tries to do what AirPower promised

Belkin’s new wireless charger tries to do what AirPower promised

View
'Spider-Man: Miles Morales' bug gives NYC the patio heater superhero it needs

'Spider-Man: Miles Morales' bug gives NYC the patio heater superhero it needs

View
Google shows off 'Cyberpunk 2077' running on Stadia at 4K

Google shows off 'Cyberpunk 2077' running on Stadia at 4K

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr