FILE PHOTO: A banner for communications software provider Twilio Inc., hangs on the facade of the New York Stock Exchange (NYSE) to celebrate the company's IPO in New York City, U.S., June 23, 2016. REUTERS/Brendan McDermid/File Photo
(Reuters) - Twilio said on Monday it has appointed insider Khozema Shipchandler as the new CEO and expects its fourth-quarter revenue to be above the top-end of its earlier forecast range, sending the cloud communications firm's shares up about 7%.
Shipchandler, who had joined the company as finance chief in 2018 and was most recently president at Twilio Communications, succeeds Jeff Lawson.
