Yet another executive shuffle is underway at Twitter.
Fourteen months after Twitter acquired MoPub, its founder and CEO, Jim Payne, is leaving day-to-day operations for the mobile-ad exchange. Mr. Payne will serve as an ad-tech adviser to Twitter's CFO, Anthony Noto.
A Twitter spokesman confirmed the changes. Mr. Payne's transition was planned, and he will continue working daily at Twitter, strategically advising Mr. Noto on the ad-tech industry, the spokesman said. (Yesterday, Mr. Noto publicly signaled his interest in buying a company through a mistaken tweet.)