Parag Agrawal is the CEO of Twitter, who has fired Bruce Falck, the company’s product revenue leader. Twitter CEO Agrawal fired Bruce Falck, in order to take the team in a different direction,
Twitter unexpectedly fired two high-profile executives, the director of Consumer Product and the head of Revenue.
Kayvon Beykpour is known to be Twitter’s general manager of consumer products, and Bruce Falck, Twitter’s product revenue leader, have both announced their departures.
Reason Why Bruce Falck Was Fired Revealed
Parag Agrawal fired Bruce Falck after failing to meet audience and revenue growth expectations.
Bruce Falck, who has worked for five years at twitter, he manages revenue products, will leave. In a tweet, Falck thanked his Twitter team and colleagues.
Te departures coincide with Elon Musk’s intention to buy Twitter. Musk wants to take Twitter private and has told investors that by 2028, he aims to increase revenue.
Employees have expressed dissatisfaction with his plans for Twitter, and more departures appear probable if the acquisition is completed.
The CEO also stated that most new hiring will be stopped and luxury expenditure will be cut, citing the company’s failure to meet revenue and user growth targets, but that no layoffs are planned at this time.
Falck graduated from Stellenbosch University in South Africa with a Bachelor of Commerce degree in computer science.
Before joining Twitter in 2017, Falck was the CEO of Turn, an ad-tech firm that was acquired by Singtel/Amobee.
He was previously the COO of BrightRoll, a programmatic video ad network that was acquired by Yahoo.
He also spent eight years at Google, where he worked on the Google Display Network, DoubleClick Bid Manager (DBM), and Google’s Advertising Exchange.
Prior to joining Google, he co-founded two web-based firms and headed product development for a solar energy startup. He started Phoenix Pop Productions and later served as its chief executive officer.
Bruce and Keyvon Beykpour were fired by Twitter CEO Parag Agrawal. He announced the departures of Beykpour and Falck in a memo to workers.
Bruce Falck’s estimated net worth is $15.79 million. Falck owns 346,210 shares of Twitter stock, valued at about $15,794,100.
Bruce Falck has more than 20 years of expertise developing and managing cross-functional teams, as well as bridging the gap between business strategy and product development.
He is the CEO of Turn, a company that develops data and media management platform technology as well as a data management platform for combining offline and online marketing data.
Bruce Falck and Lauren Weitzman are happily married, with three children, according to Bruce’s Twitter account.