Get All Access for $5/mo

With Stalling Growth, Twitter's COO Tweets His Resignation No replacement will be named as Ali Rowghani's responsibilities will be redistributed among other executives.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

How did Twitter's chief operating officer announce his resignation earlier this morning? Via tweet, of course.

"It's been an amazing ride, and I will cherish the memories," wrote Ali Rowghani, who initially joined the company in 2010 as CFO. The company's CEO, Dick Costolo, responded in kind:

The management shakeup within Twitter's top echelons was initially reported by Recode, which noted that Rowghani had failed to grow users and innovate the platform, and also that a recent stock sale of 300,000 shares for $9.9 million raised eyebrows.

Board members were also "chafed," per Recode, about a Wall Street Journal profile in April that referred to Rowghani as "Mr. Fix-It" and "co-CEO among employees."

Twitter confirmed Rowghani's resignation from the COO spot in an SEC filing today. "[He] will continue to be a Twitter employee and act as a strategic advisor to the CEO," the company said. "Twitter does not intend to hire a replacement for the COO role, and all of Mr. Rowghani's operating responsibilities will be assumed by other members of the Twitter management team."

Related: Twitter's TweetDeck Returns After Security Issue Derailment

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.