Ali Rowghani is stepping down as chief operating officer of Twitter.
“It’s been an amazing ride,” Rowghani tweeted. “And I will cherish the memories.”
Rowghani joined the social media giant in 2010 as chief financial officer and transitioned to COO in 2012.
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Rowghani’s departure comes as Twitter’s share price has dropped 45% this year, despite reporting no losses in earnings in April. The social media giant has struggled to expand user growth for the service, and Rowghani was under tremendous pressure from the company after the Wall Street Journal dubbed him “Mr. Fix-It” in a profile.
The company said in an SEC filing that he “will continue to be a Twitter employee and act as a strategic advisor to the CEO.”
“All of Mr. Rowghani’s operating responsibilities will be assumed by other members of the Twitter management team,” the company said.
Goodbye Twitter. It’s been an amazing ride, and I will cherish the memories.
– Ali Rowghani (@ROWGHANI) June 12, 2014