Twitter's Chief Operating Officer Resigns - NBC Bay Area
San Francisco

San Francisco

The latest news from around San Francisco

Twitter's Chief Operating Officer Resigns



    Discover Carmel-by-the-Sea—California’s Most Charming Coastal City
    Getty Images for TechCrunch
    File image of Anthony Noto. (Photo by Brian Ach/Getty Images for TechCrunch)

    Chief operating officer of Twitter is leaving the social media world to join startup tech company SoFi as chief executive officer, according to CNBC.

    San Francisco-based Twitter announced Anthony Noto's resignation on Tuesday. Noto, who spent nearly four years working at the social media giant, will take the lead at the online personal finance company on March 1, reports indicated.

    Twitter said its other executives will take over Noto's duties overseeing business operations and advertising sales, according to reports. However, Twitter has already suffered a hit with its stock taking a roughly 3 percent drop in early trading following the announcement.

    Jack Dorsey, Twitter CEO and founder, took to the social media site to share his thoughts on the transition.

    "I'm really sad to see @anthonynoto leave us, but I'm happy for him and really proud of everything he's accomplished at Twitter," Dorsey said in a tweet Tuesday. "He's been a friend, partner, and mentor to me for years."

    Get the latest from NBC Bay Area anywhere, anytime
    • Download the App

      Available for IOS and Android