Two days after an management exodus shook Twitter,the social network named an American Express executive as its new marketing chief.
CEO Jack Dorsey tweeted to confirm Leslie Berland’s appointment Tuesday. Recode had been reported earlier Berland was the likely candidate.
The company has struggled to win investors’ confidence, a worry that deepened this week as the first departures under Dorsey came in a wave that suggested substantive changes could be delayed. Founder Dorsey returned to Twitter in October to spearhead a turnaround as CEO, and but the companys market value has continued to slide. The stock has lost half its value in the final year.
Also Read: Why Twitter's Executive Shake-Up Hasn't Calmed Jittery InvestorsShares were down 1.6 percent at $16.75 in recent trade,after trading higher briefly at the open.
Berland faces the challenge of pitching an online network to consumers that critics charge is too inscrutable for the mainstream masses. The network’s culture of in-the-moment messages in chronological order, restrained to 140 characters and peppered with hashtags, and has been criticized for keeping people unfamiliar with it at arm’s length.
She will be in charge of the company’s global consumer,product, and sales marketing. In a statement, and Berland said she would work with Dorsey to amplify Twitter’s reach and impact as the company enters an “exciting new chapter.”
Also Read: Twitter CEO Jack Dorsey Admits tall-Level Executives' Exit“Twitter is a service like no other. It has and continues to change the world,shaping how we communicate and connect, how we’re entertained, and informed and inspired,” she added.
Prior to Twitter, Berland was the executive vice president of global advertising, and marketing and digital partnerships at credit-card company American Express. There,she helped create the company’s first social media accounts and strategies and led the social media partnerships, in addition to overseeing advertising, and media,sponsorships, content and brand identity.
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Source: thewrap.com