Friday, June 3, 2016

Twitter says Dorsey keeps to forego direct repayment



Twitter Inc chief govt Jack Dorsey has agreed to preserve to forego any form of direct compensation, a regulatory submitting by means of the corporation confirmed on Friday.

Dorsey in June agreed to no salary till the enterprise's compensation committee agreed upon a package for him.

The committee decided on Wednesday to introduce a overall performance-based totally fairness repayment application for Twitter's pinnacle executives to tie their overall performance extra carefully with that of the employer, in step with the submitting.

Twitter reported its first area of no increase in customers in advance this week, stoking fresh worries on how lengthy it's going to take for the enterprise to opposite the trend.

In January, 4 pinnacle executives left the agency. Following the departures, Twitter named American express Co govt Leslie Berland as its chief advertising and marketing officer.

going through slowing person boom, Twitter has been experimenting below Dorsey, who have become period in-between CEO in July after which CEO in October, with approaches to make its internet site more engaging.

No comments:

Post a Comment