Twitter (NASDAQ: TWTR.NASDAQ) CEO Jack Dorsey will continue to forgo direct compensation while long term board member Peter Fenton will leave the company, a regulatory filing shows.
Mr Dorsey's total compensation for 2016 was just $56,551, not including salary, bonus and stock and option awards.
It was a decrease from the $68,506 he took home in 2015.
Meanwhile Peter Fenton, who has been a Twitter board member since 2009, will leave the company when his term expires after the company's annual meeting next month.
The filing also showed that CFO and COO Anthony Noto, received $23.8 million in compensation last year.
A significant increase on the $401,281 he collected in 2015 before he added COO to his responsibilities.
Twitter has been struggling to get back in the black and in the last quarter of 2016 posted its slowest revenue growth since the company went public in 2013.