- General
- June 2, 2020
- 3 minutes read
Twitter Appoints New Board Chairman
Patrick Pichette. Photo credit: Stuart Isett/Fortune Brainstorm Tech, under Creative Commons license Twitter has appointed a new board chairman by…
Patrick Pichette.
Photo credit: Stuart Isett/Fortune Brainstorm Tech, under Creative Commons license
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Twitter has appointed a new board chairman by the name of Patrick Pichette, who before his newly announced appointment was already a board member at Twitter, having joined the company’s board in 2017. Pichette, who’s best-known for previously serving as Google’s chief financial officer, is replacing Omid Kordestani, who announced he’s stepping down on Monday, in the position of chairman. Kordestani will continue to serve as a board member at Twitter despite his step-down.
Pichette’s appointment as board chairman notably comes on the heels of a Twitter fray with activist investor Elliott Management, a fray that settled with Twitter agreeing to appoint three new directors to its board and set up a committee to review its leadership and governance. Twitter has already named two new board members, being Jesse Cohn of Elliott Management and Egon Durban of private equity firm Silver Lake, with a third presumably coming soon.
Pichette has decades of experience in financial operations and management of companies, so it’s safe to say he’s a good candidate for Twitter’s board chairman position. Before becoming a board member at Twitter, Pichette served as Google’s chief financial officer for seven years.