America
Top Indian American executive quits Twitter
New York, June 27
A top-level Indian American
executive has quit micro-blogging site Twitter to pursue some exciting
new projects, the latest in a string of high-profile departures.
The
exit of Rishi Garg, Twitter's head of mergers and acquisitions, comes
weeks after Twitter said it is replacing its CEO Dick Costolo with
co-founder Jack Dorsey as an interim CEO, USA Today reported.
"After an amazing ride as Twitter's VP Corporate Development and Strategy, I'm saying farewell today (Saturday)," Garg tweeted.
"I am off to pursue some exciting new projects; more soon! #staytuned," Garg added
He joined Twitter in May 2014 from the firm Square where he was head of corporate development.
Before that, Garg was an entrepreneur in General Catalyst Partners, Google and MTV Networks.
"Our
team has built a stronger Twitter with a dozen acquisitions in the last
year including @periscopeco,@zipdial,@tellapart, @joinniche," Garg's
post read.
"It's been a privilege to bring incredible
entrepreneurs into the #flock like @kayvz, @crazyfoo, @valwagoner,
@jeffma, @dlach5, @gabor."
"I can't wait to witness the company's next chapter under @jack, a truly gifted leader and human being," he added.
In latest developments, Twitter said it is looking for a CEO with a "full-time commitment" to run the service.
The
board has formed a search committee and hired executive search firm
Spencer Stuart to find outgoing CEO Costolo's replacement.
The
board said it will be looking at candidates both inside and outside of
Twitter and would take the time necessary to find the right person, CNET
reported.
With Twitter chairman and co-founder Dorsey taking the
reins as interim CEO on July 1, there is speculation that he could make
the job title permanent.