Twitter CEO forgoes compensation; long-time board member to leave

April 7, 2017 (Reuters) – Twitter Inc’s chief executive, Jack Dorsey, continued to forego direct compensation and Peter Fenton, a board member since 2009, will leave after the company’s annual meet in May, a regulatory filing showed on Friday. Fenton, who is a partner at venture capital firm Benchmark Capital, will not seek re-election after his term expires, the microblogging site said in the filing. CEO Jack Dorsey’s 2016 total compensation, which excluded salary, bonus and stock and option awards, was $56,551 in 2016, compared with $68,506 in 2015, according…

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