Anthony Noto, an ex-Goldman Sachs (GS) executive, has been signed on as Twitter’s (TWTR) new CFO.
Anthony Noto’s position at Twitter comes with a $250,000 a year salary, 1.5 million in restricted stock that vest for four years and a one-time grant to buy 500,000 shares. Noto will be replacing Mike Gupta as CFO. Gupta’s new role at the company will be senior vice president of strategic investments, reports Wall Street Journal.
Noto announced that he would be leaving Goldman Sachs in May. He was expected to start work at tech-focused fund this week, but chose Twitter instead. Noto has close ties with Twitter as he helped the company during its IPO. He worked very closely with Gupta during this time, WSJ notes.
“I could not be more excited about joining the @Twitter team & helping them reach every person in the world. #indispensable,” Noto said in a Tweet.