Chris Fry, The Twitter Engineer With A $10 Million Pay Package, Is Out As Engineering Chief

His replacement will be Alexander Roetter, Twitter's current vp/engineering, was appointed to Fry. Roetter will earn a base salary of only $250,000, the company disclosed.

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Here's the statement:

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective today, Christopher Fry has accepted an advisory role with Twitter, Inc. ("Twitter") and stepped down from his position as the Senior Vice President of Engineering of Twitter. Alexander Roetter, Twitter's current Vice President, Engineering, was appointed to replace Mr. Fry. Mr. Roetter has served as Twitter's Vice President, Engineering since March 2013, currently running the Advertiser, Publisher and Exchange (APEX) engineering team, and previously served in various other engineering roles at Twitter since joining in October 2010. From 2009 through 2010, Mr. Roetter was the Director of Engineering at Laufer Wind Group, a company developing radar technology for renewable energy applications. From 2002 to 2008, Mr. Roetter was a software engineer at Google Inc., where he worked on the founding team for AdSense and later on a variety of systems and ads quality projects. Mr. Roetter holds a B.S. and M.S. in Computer Science from Stanford University. Mr. Roetter's base salary was increased to $250,000 per annum, but his compensation did not otherwise change as a result of his appointment.