Twitter Names Google Veteran Omid Kordestani as Chairman

Omid Kordestani, who was once deemed Google’s “Business Founder” by Co-Founder Larry Page is now set for a new journey as Twitter’s new Executive Chairman, in hopes that he will be able to work his magic and reverse twitters slow growth.

Kordestani, thought to have a net worth of 500 million dollars, the former Chief Business Officer at Google will have a significant hands-on operational role at Twitter. Kordestani joined Google in May 1999, leading the business development model as senior vice president until April 16th 2009. On July 18th 2014, Kordestani came back to Google to fill the vacancy of Chief Business Officer at Google. It is possible that if it wasn’t for Kordestaini savvy business approach, Google may not be in the position it is today.

Omid Kordestani recently tweeted the following:

“Excited to work with @Jack, the Twitter Board, @adambain, @anthonynato and the rest of the team to grow @twitter’s impact and business.”

I personally find it rather amusing that before today (14th of October 2015)  Kordestani had tweeted only eight times since his first post in 2012. However, it is interesting to see shortly after Kordestani’s new position was announced Twitter’s shares were up 1 percent to $29.36.

Do you think Kordestani is going to have a signficant impact on Twitter and are you looking forward to a fresh change? Also do you even use Twitter? Let us know in the comments below.

Thank you  Bloomberg for providing us with this information.