Movers and Shakers: Where Some of IT's Top Executives Are Going - Slide 7

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Next Movers and Shakers: Where Some of IT's Top Executives Are Going-7 Next

Evan Williams is giving Twitter's CEO title to Chief Operating Officer Dick Costolo.  Williams will continue to be involved in "product strategy." Costolo does have experience heading up a company as he is the former CEO of Feedburner.

Gartner analyst Ray Valdes likes the switch up. Computerworld quotes him as saying:

“I think it is a good move for Twitter … Ev Williams' strength is in strategy and product, not so much in other areas such as operations and finance. Twitter needs to marshall all its resources in an optimal way in order to stay on its high-growth track.”

Business First reports that according to global outplacement consultant Challenger, Gray & Christmas Inc. of Chicago, September 2010 was a tumultuous month for CEOs as the turnover rate surged to a four-month high. September CEO departures were up 17 percent from August and 5.7 percent from the same month a year ago.

John A. Challenger, CEO of Challenger, Gray & Christmas, says several factors are contributing to the turnover rate, including

“a volatile economy, an aging CEO population, a brighter spotlight on the CEO position and calls for more accountability on the part of corporate leadership.”

The technology industry was not immune from shakeups. We’ve compiled a list of the movements of some of IT’s big names.

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