SAN FRANCISCO, Jan. 25 (UPI) -- Twitter Inc. CEO Jack Dorsey confirmed four top executives are leaving the company, referring to the partings as voluntary as he revamps the company's leadership.
"I'm sad to announce that Alex Roetter, Skip Schipper, Katie Stanton and Kevin Weil have chosen to leave the company ... all four will be taking some well-deserved time off. I'm personally grateful to each of them for everything they've contributed to Twitter and our purpose in the world. They are phenomenal people!" Dorsey said Sunday in a message to Twitter employees designed to set the record straight after "inaccurate press rumors."
Roetter is Twitter's engineering chief, Weil heads Twitter's products, Schipper is human resources vice president and Stanton is media chief.
Twitter has seen its stock value decline to an all-time low last week of $17.84. Twitter stock has lost 23 percent since the start of the year and is 54 percent lower than one year ago. The company had its slowest growth in 2015, and with 300 million users worldwide it was surpassed by Instagram -- owned by Facebook -- with 400 million users.