Twitter has hired Ned Segal as its CFO effective late August 2017.
Ned Segal a senior finance executive at intuit and investment banker at Goldman Sachs previously.
Segal, 43, will start in late August, reporting directly to Twitter CEO Jack Dorsey.
He will take over the CFO role from Anthony Noto, who is currently Twitter’s CFO and chief operating officer.
Segal, in a statement, said he has “long admired Twitter’s impact in the world, and I’m committed to helping the company build on its recent momentum, allocate resources against its greatest priorities, and continue toward its goal of GAAP profitability and beyond.”
At Intuit, Segal was senior VP of finance.
“Ned’s experience in financial operations as a public company and business unit CFO, along with his background serving technology companies and investors, are an ideal fit for Twitter as we work to extend our positive momentum, continue growing our audience and achieve greater operating efficiency,” Dorsey said in a statement. “He brings a principled, engaging and rigorous approach to the CFO role, with a track record of driving profitable growth.”
Segal’s annual salary will be $500,000, and he is entitled to a signing bonus of $300,000, according to a Twitter SEC filing.