Twitter Hires Morgan Stanley’s Gaylor Before Potential IPO

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Microblogging pioneer Twitter Inc. hired Morgan Stanley managing director Cynthia Gaylor to run corporate development, adding an executive with 17 years of investment-banking experience in the run-up to a possible initial public offering.

Gaylor’s appointment was announced by Twitter staffers on the service and confirmed by the San Francisco-based company. Gaylor will focus on strategy and mergers and acquisitions, she said in a Twitter message.