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Twitter names Goldman Sachs executive to new CFO position

SAN FRANCISCO--Twitter is hiring a Goldman Sachs executive as its new chief financial officer, continuing a shake-up that has led to the departures of several executives in recent months.

The social media company said in a regulatory filing Tuesday that it hired Anthony Noto, 46, to replace current CFO Mike Gupta, who steered Twitter through its initial public offering in 2013.

Gupta will stay on at Twitter, taking on the role of senior vice president for strategic investments.

Noto was previously a managing director in Goldman's technology, media and telecom investment banking group, where he led Twitter's IPO process. Before that, he served as CFO of the National Football League. The CFO switch follows the resignation of Twitter's chief operating officer, Ali Rowghani, earlier this month.

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