- Todd Morgenfeld was recruited in May 2015 by Twitter (NYSE:TWTR) CFO Anthony Noto.
- Morgenfeld becomes Pinterest's (PINIT) first-ever CFO. Though IPO aspirations may be speculated and could be in play at some point in the future, Pinterest CEO Ben Silbermann states the development only “reflects that we’re scaling the business up.”
- Meanwhile, with Twitter considered to be exploring a sale and new revenue-generating ad initiatives underway, executive shifts at the company are nonetheless worth noting.