Twitter: Enough Already

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About: Twitter, Inc. (TWTR), Includes: FB, GOOG, GOOGL, SQ, TCEHY
by: Scott Galloway
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Scott Galloway
Digital Marketing, eCommerce, tech, retail
Summary

I am the direct and beneficial owner of shares in Twitter.

I reserve the right to establish a dialogue with like-minded shareholders regarding the nomination of class III directors and/or a resolution of "no-confidence" for consideration at Twitter's annual shareholder meeting in May.

My primary objective is the replacement of CEO Jack Dorsey, but a staggered board may also force shareholders to replace other directors.

Any examination of what ails TWTR leads to one diagnosis: poor governance that tolerates what only eight firms in the Fortune 1,000 endure: a part-time CEO.

To: Omid R. Kordestani
Executive Chairman
Twitter, Inc.
1355 Market Street, Suite 900
San Francisco, CA 94103

December 6, 2019

Mr. Kordestani,

A part-time CEO who is relocating to Africa? Enough already.

My name is