Twilio Names Andy Stafman as New Board Member

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Twilio announced the appointment of Andy Stafman from Sachem Head Capital Management LP to its Board of Directors, effective immediately.

The company aims to accelerate its path to profitability and capitalize on future opportunities, with Jeff Epstein, Chair of the Board for Twilio, expressing optimism about the addition of Stafman’s insights. CEO Khozema Shipchandler highlighted Twilio’s focus on profitable growth and its strategy to leverage AI in communications solutions.

Also Read : Why Businesses Should Use AI for Data Enhancement

An investor day is planned within the next twelve months to detail the strategy and financial targets. Stafman’s appointment follows a cooperation agreement with Sachem Head, which includes standstill, voting, and confidentiality commitments. Twilio’s Board now has 10 directors, nine of whom are independent.

Read more: Twilio Appoints Andy Stafman to Board of Directors

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