Ned Segal

{{Short description|Former chief financial officer of Twitter}}

{{Infobox person

| name = Ned Segal

| birth_date = {{circa}} {{birth year and age|1974}}

| education = Georgetown University (BS)

| occupation = Business executive

| children = 3

}}

Ned Segal (born {{Circa|1974}}) is an American business executive. He was the chief financial officer of Twitter from 2017 to 2022. He was fired, along with three other top executives, on October 27, 2022, following Elon Musk’s purchase of the company.{{cite news |last1=Conger |first1=Kate |last2=Hirsch |first2=Lauren |title=Elon Musk Completes $44 Billion Deal to Own Twitter |url=https://www.nytimes.com/2022/10/27/technology/elon-musk-twitter-deal-complete.html |access-date=October 30, 2022 |work=The New York Times |date=October 27, 2022}}{{cite news |last1=Dang |first1=Sheila |last2=Roumeliotis |first2=Greg |title=Musk starts his Twitter ownership with firings, declares the 'bird is freed' |url=https://www.reuters.com/article/twitter-m-a-musk-idCAKBN2RN02A |access-date=October 28, 2022 |work=Reuters |date=October 27, 2022}}{{Cite web |last=Thomas |first=Lauren |date=October 27, 2022 |title=Elon Musk Completes Twitter Takeover |url=https://www.wsj.com/articles/elon-musk-completes-twitter-takeover-11666918031 |access-date=October 27, 2022 |website=Wall Street Journal}}

Early life and education

Segal was born {{Circa|1974}}.{{Cite web |last=Spangler |first=Todd |date=2017-07-11 |title=Twitter Hires Former Goldman Sachs Exec Ned Segal as CFO |url=https://variety.com/2017/digital/news/twitter-ned-segal-cfo-1202492554/ |access-date=2022-10-28 |website=Variety |language=en-US}} He graduated from Lick-Wilmerding High School in 1992 and earned a Bachelor of Science degree in Spanish from Georgetown University.{{Cite web |last=Erskine |first=Donovan |date=July 14, 2022 |title=Who is Twitter's CFO? |url=https://www.shacknews.com/article/131362/who-is-twitters-cfo |access-date=2022-10-28 |website=Shacknews |language=en}}{{Cite web |date=2017-07-11 |title=Twitter taps Ned Segal '92 as new chief financial officer |url=https://www.lwhs.org/news-detail--long-description-only?pk=1118571 |access-date=2022-10-29 |website=Lick-Wilmerding High School |language=en}}

Career

From 1996 to April 2013, Segal worked at Goldman Sachs including as the managing director and head of global software investment banking from 2009 to 2013.{{Cite web |last=Balakrishnan |first=Anita |date=July 11, 2017 |title=Twitter taps Ned Segal as new chief financial officer |url=https://www.cnbc.com/2017/07/11/twitter-names-ned-segal-new-chief-financial-officer-cfo.html |access-date=2022-10-28 |website=CNBC |language=en}} Segal was later the chief financial officer (CFO) of the RPX Corporation. Until 2017, Segal was the senior vice president of finance for the small business group at Intuit. In late August 2017, he succeeded Anthony Noto as the chief financial officer of Twitter. In late October 2022, Segal was one of several executives who were fired after the acquisition of Twitter by Elon Musk. He reportedly was and is entitled to a golden parachute worth {{Usd|44.5 million}}, but it has not been paid.{{Cite news |last=Kerber |first=Ross |date=2022-10-28 |title='Golden parachutes' for 3 fired Twitter executives worth $122 mln -Equilar |language=en |work=Reuters |url=https://www.reuters.com/technology/golden-parachutes-3-fired-twitter-executives-worth-122-mln-equilar-2022-10-28/ |access-date=2022-10-28}}{{Cite web |last=Dhanrajani |first=Rachna Manojkumar |date=2022-10-28 |title=Twitter's Ned Segal confirms exit, changes bio to 'former CFO and current fan of Twitter' |url=https://www.businesstoday.in/latest/corporate/story/twitters-ned-segal-confirms-exit-changes-bio-to-former-cfo-and-current-fan-of-twitter-351156-2022-10-28 |access-date=2022-10-28 |website=Business Today |language=en}}

Segal has served on the corporate boards of Beyond Meat, Ring Central, and BostonGene.{{Cite web |title=The Jewish Graduate Student Initiative |url=https://www.thejgsi.org/jel-speakers/ned-segal |access-date=2022-10-28 |website=Jewish Graduate Student Initiative}} He was on the board of the non-profit Tipping Point Community.{{Cite news |last=Koehn |first=Josh |date=December 17, 2024 |title=Lurie taps ex-Twitter CFO to take charge of SF's downtown, housing crises |url=https://sfstandard.com/2024/12/17/ned-segal-san-francisco-housing-economic-development/ |work=The San Francisco Standard}}

In December 2024, Segal was named chief of housing and economic development by San Francisco Mayor-elect Daniel Lurie{{Cite news |last=Morris |first=J.D. |date=December 17, 2024 |title=Daniel Lurie puts former Twitter executive in charge of revitalizing downtown S.F. |url=https://www.sfchronicle.com/sf/article/ned-segal-lurie-mayor-19984749.php |work=San Francisco Chronicle}}, one of four chiefs appointed by the mayor to help "improve interdepartmental collaboration and streamline the city's slow and complex bureaucracy."{{Cite news |date=January 29, 2025 | title=Here’s what Daniel Lurie’s reformed S.F. mayor’s office looks like |url=https://www.sfchronicle.com/sf/article/mayor-lurie-policy-director-20049832.php |work=San Francisco Chronicle}}

Personal life

Segal lives in San Francisco with his wife and three children.

References

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