Shares of cloud-based communications software specialist Twilio (NASDAQ:TWLO) popped sharply higher on Monday. News broke that Twilio co-founder Jeff Lawson will resign from the CEO role amid mounting activist pressure. Since late October, TWLO stock has engineered a conspicuous recovery effort. Still, experts believe Lawson’s exiting might not be enough to appease the activists.According to a CNBC report, a regulatory filing announced the move. Also, in the same document, Twilio disclosed that it expects f ...

Core Viewpoint - Twilio's CEO Jeff Lawson is stepping down amid pressure from activist investors, with shares rising approximately 7.3% following the announcement [1]. Group 1: Leadership Change - Jeff Lawson announced his resignation as CEO, stating it is time for new leadership to guide Twilio into its next chapter [1]. - Khozema Shipchandler, a long-time executive at Twilio, will take over as CEO effective immediately [1]. Group 2: Activist Investors - Activist investors Anson Funds and Legion Partners are advocating for significant changes, including the potential sale of the company or divestment of its data and applications business [1][2]. - Anson Funds expressed satisfaction with Lawson's departure, viewing it as a positive step, but emphasized that further actions are necessary to enhance shareholder value [2]. Group 3: Company Restructuring - Twilio has recently laid off an additional 5% of its workforce, focusing on the data and applications segment [3]. - Despite the leadership change, there are indications that more restructuring may be required to address the concerns of activist investors [3].

SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company’s Board of Directors, effective immediately. Shipchandler succeeds Jeff Lawson, Twilio’s co-founder, who is stepping down as CEO and as a member of the Twilio Board. In addition, Jeff Epstein, ...

Twilio (TWLO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Internet - Software industry, to which Twilio belongs, has gained 4.5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about ...

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Twilio Inc. (NYSE:TWLO) UBS Global Technology Conference November 28, 2023 3:35 PM ET Company Participants Aidan Viggiano - CFO Conference Call Participants Taylor McGinnis - UBS Taylor McGinnis Okay. Well, hello, everyone. And thanks so much for attending this session with Twilio. We have Aidan here, Twilio's CFO. And for anyone in the room that might not know me, my name is Taylor McGinnis, and I'm one of the software analysts here at UBS. So Aidan, thanks for coming. Aidan Viggiano Thanks for having me. ...

Q3 2023 Earnings Results November 8, 2023 ©2023 TWILIO INC. ALL RIGHTS RESERVED Legal Disclaimer This presentation and the accompanying conference call contain forward-looking statements within the meaning of the federal securities laws, including statements about our future performance and goals. These statements involve substantial risks and uncertainties, as further described in "Forward-Looking Statements" on slide 16, as well as in our most recent periodic reports filed with the SEC, including our Annu ...

Twilio Inc. (NYSE:TWLO) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Bryan Vaniman – Senior Vice President-Investor Relations Jeff Lawson – Co-Founder and Chief Executive Officer Khozema Shipchandler – President, Twilio Communications Aidan Viggiano – Chief Financial Officer Conference Call Participants Jeff Hickey – UBS Meta Marshall – Morgan Stanley Mark Murphy – JPMorgan Nick Altmann – Scotiabank Kash Rangan – Goldman Sachs Michael Turrin – Wells Fargo Securities Alex ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37806 _______________________________________ ...

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