Former Google CFO Named Board Chairman at Twitter
Former Google Chief Financial Officer Patrick Pichette was appointed to Twitter's chairman position on Tuesday, according to CNBC.
Pichette has been a board member at Twitter since 2017. Prior to his board seat, he served as Google's CFO from 2008-2015. "Given the strength and depth of Twitter's management team and Board, we believe that now is the right time to evolve our governance structure in-line with best practices," Pichette said.
Current chairman Omid Kordestani, who has served since October 2015 and is also a former Google executive, will still remain on the board. "I have seen firsthand the significant changes Twitter has undertaken to strengthen and stabilize its leadership structure to achieve long-term sustainable growth and feel confident that I can now step back from my active role as executive chair," Kordestani said.
Twitter's board of directors seems to be developing a trend of hiring former Google executives.