The Twitter exodus continues as the former CFO jumps ship
Scott Eells/Bloomberg via Getty Images
On Tuesday, Mike Gupta, who previously served as Twitter's CFO and more recently has been overseeing the company's venture arm, became the latest to jump ship. Gupta has joined business software company Docker as its CFO.The move is the latest in a string of departures at Twitter, as the Internet company endures a tumultuous period in which user growth has stalled and its stock has been pummeled. Shares of Twitter sank 3.3% to $27.22 in midday trading on Tuesday, and are down more than 25% since mid-June.
Gupta was SVP of strategic investments at Twitter and ran Twitter Ventures. Before that he was Twitter's finance chief during its 2013 IPO.
Gupta was replaced in the CFO role at Twitter in 2014 by former Wall Street banker Anthony Noto, who tweeted his own goodbye to Gupta on Tuesday:
Mike your contributions to TWTR have been invaluable - TY!! Docker is lucky to have you. I will miss you my friend. https://t.co/WZAFi3aZDc- Anthony Noto (@anthonynoto) September 8, 2015
- TTD approves Rs 2,938-crore budget for 2021-22
- Wholesale growth expected to continue for tractors, passenger vehicles and two-wheelers, says equity research firm Emkay
- Centre finalises One District One Focus Product to promote in cluster approach
- A Mumbai-based EV startup launched the cheapest electric car with a 200 km range
- HP's worldwide shipments grow 5.6% in fourth quarter of 2020, says IDC