Two prominent members of Twitter’s board of directors–Fred Wilson and Bijan Sabet–are stepping down from their roles overseeing a company that has carved out quite an influential space on the Internet.
Twitter confirmed the move in a statement to All Things D, which originally reported the news. Wilson and Sabet, of Union Square Capital and Spark Capital, respectively, were two of the first major investors in Twitter and have been on the board for several years.
Apparently everyone is still friends, according to the report. Twitter is rather circumspect for such a high-profile company as to the size and composition of its management team and board, but various reports pegged the number of board members at 10 prior to Wilson and Sabet’s departure, which is quite a few for a company of its size.
Twitter has also revamped its management structure over the last year, promoting Dick Costolo to CEO, bringing back co-founder Jack Dorsey as head of products, and saying goodbye to co-founders Biz Stone and Evan Williams.