Twitter (TWTR) Demotes VP of Product Daniel Graf

Twitter (TWTR) has reassigned consumer product chief Daniel Graf just six months after he was hired from search giant Google (GOOGL). Reports say he’ll now be in charge of strategic initiatives and that Twitter VP Kevin Weil, formerly product manager for Twitter’s advertiser-facing data products, has been promoted in Graf’s place.

The news follows the departures of several high-profile names in recent months from the social networking company, including former COO Ali Rowghani and head of Twitter news efforts Vivian Schiller, and that of engineering VP Jeremy Gordon and analytics data manager Adam Kinney earlier this week.

Twitter, Inc, currently valued at $25.70B, began trading this morning at $42.69.

Shares have traded today between $41.55 and $42.85 per share with the price of the stock fluctuating between $29.51 to $74.73 over the last 52 weeks.

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