rsz_logo_twitter

Twitter hires Omid Kordestani as new executive chairman

Written by Joseph Nordqvist

Published: 01:57, October 15, 2015

rsz_logo_twitterTwitter has just hired Omid Kordestani, a senior Google executive, to be the company’s new executive chairman.

The move comes at a time when Twitter is refocusing its business and cutting expenses. On Tuesday CEO Jack Dorsey announced that Twitter was cutting 8 percent of its staff.

Kordestani, 53, was one of the first employees at Google. He joined the tech giant in 1999 and left the company in 2009.

He returned to Google last August to become the chief business officer. He has also worked as a vice president at Netscape and Hewlett Packard.

A spokeswoman said that Kordestani will join Twitter’s board and have an operational role at the firm.

“It’s rare you get to be at a company with an amazing business that’s also transforming the world,” Kordestani tweeted. “I’ve had good fortune to be at three: Netscape, @google, and now @twitter.”

Jack Dorsey said Mr Kordestani was a “proven and experienced leader, who will directly help & coach me and our leadership, and help us recruit the best folks to Twitter.”

“A great chairperson is the first step towards continuing to make our board one of the best in the world, and purpose-built to serve Twitter,” Mr Dorsey tweeted.

Twitter said that after the layoffs it expects earnings “for the third quarter of 2015 to be at or above the high end of the previously forecasted ranges”.

Dorsey wrote in a letter to staff: “We feel strongly that engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce. And the rest of the organisation will be streamlined in parallel.”

Joseph Nordqvist Avatar

Other News

UK economy grows 0.1% in August, beating forecasts of a fall

Oct 15, 2026

TSMC forecasts another sales jump after profit rises 68.7%

Oct 15, 2026

EU e-waste collection remains far below its main target

Oct 14, 2026

IMF forecasts 3.1% growth with less room to absorb another shock

Oct 14, 2026

ASML weighs more capacity after a record €11.7 billion quarter

Oct 14, 2026

Buying robots does not always make factories more productive

Oct 13, 2026

Making electronics entirely in the US could raise costs by 41% to 152%

Oct 13, 2026

6G standards take shape while 5G investment continues

Oct 13, 2026

Five growth markets shaped by aging populations and infrastructure needs

Oct 13, 2026

Hybrid demand is reshaping automakers’ investment plans

Oct 13, 2026

Clay pretreatment could cut emissions from cement manufacturing

Oct 12, 2026

EU backs €3.5 million project to test disinformation tools

Oct 12, 2026

Researchers bring quantum chaos under control across 100 qubits

Oct 12, 2026

When the next generation doesn’t want the family business

Oct 11, 2026

Cleveland Fed survey finds businesses unconvinced by stablecoins

Oct 11, 2026

Costs hold back commercial heat pump upgrades, California study finds

Oct 11, 2026

Rein Security raises $25 million to protect enterprise AI agents

Oct 11, 2026

Foreign trips take most of EU residents’ travel spending

Oct 11, 2026

Irish inflation rises to 4.1% as housing and transport costs climb

Oct 11, 2026

Safety reminders reduce unsafe choices in a clinical AI study

Oct 10, 2026