iWorld
Raheel Khursheed joins Twitter India
MUMBAI: Although Twitter India started its operations two years ago, it has always kept a low profile in the country. Subtly it keeps adding people to its organisation that is currently headed by Rishi Jaitley who is the director of the social media here. The recent appointment is former Times Now and CNN-IBN senior correspondent Raheel Khursheed as head of news, politics and government.
According to a MediaNama report he will provide front-line technical support to journalists, politicians and governmental agencies. Twitter sources confirmed that he had joined the company but could not reveal any more details.
Both Jaitley and Khursheed have mentioned his appointment on their Twitter pages. Prior to this Khursheed was with change.org where he was heading the communication strategy around campaigns in India and building its brand.
The article also states that his role would be to work on expanding Twitter’s relation with journalists, government officials and politicians to increase their usage of the popular social media website.
Twitter India has also hired Arvinder Gujral to head its mobile business development for India and south East Asia, Aneesh Madani to handle sports partnerships and Pratiksha Rao as associate partnerships manager.
iWorld
Snap names Doug Hott CFO as Derek Andersen exits amid restructuring
Leadership shift and layoffs signal sharper focus on costs and growth path
NEW YORK: Snap Inc. is reshuffling its top leadership, appointing Doug Hott as chief financial officer as longtime finance chief Derek Andersen prepares to step down next month.
In an internal note, Snap chief executive officer Evan Spiegel said Andersen will leave after nearly eight years with the company, with his final earnings call set for May 6 and last working day on May 8. Andersen is departing for a new opportunity, closing a chapter that saw him guide the company through the pandemic, major shifts in digital advertising, and broader economic turbulence.
Reflecting on his tenure, Snap chief executive officer Evan Spiegel said Derek Andersen had been “a great partner” who helped steer the business through some of its most challenging periods while keeping a steady focus on long-term growth and profitability.
Taking over is Doug Hott, currently vice president of finance, strategy and corporate development, who has worked closely with leadership on capital allocation and restructuring. Snap chief executive officer Evan Spiegel described Doug Hott as a long-time partner with a strong commitment to cost discipline and doing more with less, signalling continuity at a time when efficiency is front and centre.
The leadership transition comes alongside a broader organisational reset. The workplace experience team will now report to Scott Withycombe, while the content team will move under the product organisation led by Ceci Mourkogiannis. Partnerships executives Anne and Craig will report to Zach Kahn as Snap aims to streamline operations.
The changes follow a recent round of layoffs that saw the company cut around 1,000 roles, or roughly 16 per cent of its workforce, reflecting a wider industry push towards leaner structures and tighter cost controls.
Investors are now turning their attention to Snap’s upcoming quarterly results in early May, which are expected to offer clearer signals on the company’s financial trajectory and the impact of its restructuring efforts.
With a new finance chief in place and a sharper organisational focus, Snap appears to be tightening its belt while keeping an eye on long-term growth in an increasingly competitive digital advertising market.
