Parag Agrawal, Twitter's newly minted chief executive, will restructure the company's leadership team, shifting to a "general manager" model for its consumer, revenue and core tech teams. As part of the shakeup, Michael Montano, Twitter's engineering lead, and Dantley Davis, the company's design and research lead, will exit at the end of the year.
Kayvon Beykpour, head of Consumer Product, will manage the consumer team, Bruce Falck, revenue product lead, will lead its Revenue team and Nick Caldwell, vice president of Engineering, will take over the core tech team, the company said in a filing with the SEC on Friday. Lindsey Iannucci, Twitter's senior director of Strategy and Operations, also joined the leadership team as chief of staff and vice president of Operations.
Twitter said in the filing that the changes are meant to "drive increased accountability, speed, and operational efficiency."
Sara Beykpour, the company's senior director of Product Management, also announced Friday that she will be stepping down from her role. In a Twitter thread announcing her departure, she said it was "a coincidence with this week's news," referencing Agrawal taking on the role of CEO.
"I’ve now served under 4 CEOs at Twitter, and each of these eras was unique and necessary in its own way," she said in the thread. "I have strong faith in Parag's version of the next chapter of this company."