Twitter ( TWTR) on Tuesday named Ned Segal its new Chief Financial Officer, assuming the position from Anthony Noto, who will remain the social media company's Chief Operating Officer.
Segal last served as Senior Vice President of Finance for software company Intuit's ( INTU) small business group.
Prior to that, Segal spent nearly 17 years at Goldman Sachs ( GS) where he worked as the Head of Global Software Banking.
"He brings a principled, engaging and rigorous approach to the CFO role, with a track record of driving profitable growth," CEO Jack Dorsey said in a statement.
Shares of Twitter closed higher by 3.10%, or 56 cents, to $18.64 per share on Tuesday.
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