The
changes may be announced when the company names a permanent CEO,
Bloomberg said.
The change is intended to make the board more diverse. The board
may expanded or shuffled to represent directors from diverse
backgrounds, such as minorities and those with experience in
adjacent industries, including advertising and e-commerce, the
people familiar with the matter said.
Twitter declined to comment.
Costolo stepped down as CEO on July 1 and the company named
co-founder Jack Dorsey as interim CEO.
Last week, Twitter said its number of monthly average users grew
in the second quarter at the slowest pace since it went public
in 2013.
Aside form Dorsey, other possible candidates for CEO include
former Yahoo Inc <YHOO.O> CEO Ross Levinsohn; Mike McCue, CEO of
newsreader app company Flipboard; Instagram founder Kevin
Systrom; and Evan Williams, CEO of blogging website Medium,
according to SunTrust Robinson Humphrey.
(Reporting by Shivam Srivastava in Bengaluru; Editing by Leslie
Adler)
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