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Twitter COO Anthony Noto resigns

Megha Jain

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Twitter COO Anthony Noto has stepped down to become the new CEO of financial technology company Social Finance Inc. After the announcement, Twitter’s shares fell more than 2.5% given early trading data. Noto will officially take charge at SoFi in March. Twitter hired 49-year-old Noto as CFO in 2014 following an outstanding stock award worth more than $60 million, with a career in banking at Goldman Sachs Group Inc.