A social media head resigns

Twitter Australia has seen a slew of changes in the past week, including the departure of managing director Karen Stocks. Having held the role for the past three years, Stocks has confirmed she will be leaving the social media platform and will be replaced by Suzy Nicoletti. Her departure comes amid news the company will be laying off 9 per cent of its staff around the globe.

Stocks announced her news with a tweet, commenting: “Proud to have built @TwitterAU office as a hub of innovation for the global Twitter business for 3 yrs. Now it's time to pass the baton on.”

A Twitter spokesperson says of the news: “We thank Karen for her contributions and leadership over the past three years at Twitter. She built up a strong local team and grew our business in Australia into one of the top revenue markets in Asia Pacific today with many innovative, region-first digital advertising campaigns on Twitter with world-class brands. We wish her all the best and will continue to invest in this important market to make Twitter the best way to see what’s happening right now in Australia and around the world.”

Her replacement Nicoletti has been the head of online sales for the past three years, before which she worked at Google.