Former Chief Executive Officer Jack Dorsey did not stand for re-election Wednesday, and is no longer a board member, ending his formal relationship with the social network he co-founded in 2006.
Institutional Shareholders Services Inc., an advisory firm, had recommended against Durban’s re-election because he serves on the boards of more than five publicly-traded companies.
A Twitter spokesperson says Egon Durban has tendered his resignation to the board.
The Nominating and Corporate Governance Committee of the Board will promptly consider whether to recommend that the Board accept Mr Durban’s resignation and provide an update in due course.