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How Twitter Could Soon Welcome More Diverse Faces

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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November 9, 2015, 3:12 PM ET
Dorsey, interim CEO of Twitter and CEO of Square, goes for a walk on the first day of the annual Allen and Co. media conference in Sun Valley
Jack Dorsey, CEO of Twitter.Photograph by Mike Blake — Reuters

As part of an expected board change, Twitter is reportedly going to aim for more diversity among its directors.

The three board members most likely to depart, according to a report from Re/code, are Benchmark partner Peter Fenton, investor Peter Currie, and Chernin Group CEO Peter Chernin. Twitter (TWTR) CEO Jack Dorsey wants to diversify their replacements, according to sources cited by Re/Code, which would mean more women and racially diverse directors.

Chernin’s and Currie’s board terms expire in 2016 and Fenton’s in 2017, but they can choose to leave at any time, and the departures are likely to happen next year. Twitter finally appointed co-founder Jack Dorsey (who also runs payments company Square, which is about to go public) as its permanent CEO last month after months of search following Dick Costolo’s departure.

The social media company appointed Omid Kordestani, who was born in Iran, as its chairman last month, but its board consisted of seven white men and one white woman up until that point. Inclusiveness has been a sensitive topic at Twitter. The company came under fire for a frat-party themed event over the summer, and last week, a former African American engineering manager criticized Twitter’s lack of serious actions to increase diversity within its workforce despite making a pledge to improve its numbers in 2016.

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