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Twitter news chief steps down in latest executive departure

Published 09/10/2014, 02:26
Updated 09/10/2014, 02:30
© Reuters Men are silhouetted against a video screen with a Twitter logo as they pose with Samsung S3 and S4 smartphones in this photo illustration taken in the central Bosnian town of Zenica

(Reuters) - Vivian Schiller said she was stepping down as Twitter Inc's news head after nearly a year at the microblogging website, the latest executive exit from the company this year.

The former NBC executive, who was responsible for acting as a liaison between Twitter and news organizations, will be handing over the reins to Adam Sharp, who leads the government and elections team, a Twitter spokeswoman told Reuters.

In her parting tweets, Schiller said her departure would allow Twitter vice president of Global Media Katie Stanton to "reorganize" as she saw fit.

Stanton, formerly head of international strategy, filled in for Chloe Sladden, who left the online messaging service as part of a recent management shake-up that also included the departure of former chief operating officer Ali Rowghani.

Schiller, who joined Twitter alongside Rowghani and Sladden, becomes the latest executive to depart as the company reshapes its executive ranks.

Stanton, who also is on the board of French conglomerate Vivendi SA, became Twitter's new media chief in July, placing the former Google Inc executive at the heart of crucial relationships with Hollywood and the global media industry.

On Wednesday, Schiller credited both former executives for convincing her to join.

Twitter, which has battled to reverse a steady decline in its once-heady pace of growth, surpassed targets for virtually every metric Wall Street scrutinized in its last reported quarter.

© Reuters. Men are silhouetted against a video screen with a Twitter logo as they pose with Samsung S3 and S4 smartphones in this photo illustration taken in the central Bosnian town of Zenica

Prior to this result, Twitter had lost a large chunk of its market value since the start of 2014 - at the back of lacklustre user and usage growth.

(Reporting by Natalie Grover in Bangalore; Editing by Ken Wills)

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