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Twitter Board Needs Purging When New CEO Comes: Sacca

Twitter Inc (NYSE:TWTR)'s CEO search is expected to end soon. Once the micro-blogging firm names its new permanent CEO, an “immediate turnover” on the board of directors is expected by Chris Sacca, Lowercase Capital founder and Twitter investor.

Twitter board needs restructuring

"One of the things that we've seen from Jack Dorsey over at Square is he is great at building a talented board full of smart, successful and challenging members who can keep the company moving at its best," Sacca told CNBC’s Squawk Alley. Twitter does not do this now, but in the future, the company will definitely see this, Sacca said.

Sacca is very much in favor of transforming the board and believes more women and people of different origins should be...