outside twitter, sources tell me the company's recruiting firm spencer stewart has been reaching out to a wide range of executives. the board does remain cautious, doesn't want to make the wrong call. there is no doubt they are under pressure because the clock is ticking. >> are we expecting to hear within this next couple of hours what happens out of this board meeting? >> no. i mean i wouldn't really thi

they're going to go through a lot of candidates and spencer stewart, who is the company that engaged, know, they're very good at this. this is what they do. they're going to take time and be right. i think, you know, the notion that jack is the right guy, well, jack is also the ceo of square, and jack is personally hired many people under that company and told them what that company was going to be over the course of the coming years. he is not going to walk away from it, i don't think. >> so given all of that, how much confidence do you have in twitter? i mean, the board hasn't exactly been batting 1,000 over the years. they have said we're want going to hire a ceo unless it's a full-time person, but now it looks like that's the question. why go out and say that if maybe that's not the case? isn't there a reason to be a little bit skeptical about how this turns out? >> i don't know. i believe that a board isn't going to hire a part-time co-. they'll certainly fill the spot with an interim ceo, and if they're filling two different positions, that's fine on an interim basis, but to thi

. >> jon fortt, what was the point of hiring spencer stewart. is that to avoid lawsuits down the line or what? >> i think it depends what actually comes out of the ceo search. is it jack dorsey. >> there have been prominent emails of padma warrior being the latest one. do they do anything with those candidates. if not, it's a head scratcher. >> we want somebody whose sole attention is going to be on twitter. and jack has squared a run at the same time. why are they saying one thing and doing another over and over again. how are they going to get investors to trust them again? >> we don't know that they are. let's remember three years ago, ross levinson was a presumed front-runner to take over yahoo. no one knew that the board was interviewing marissa mayer, because they played their cards close to the vest. >> i agree with jon, it takes away a negative. a company needs a ceo, they have other catalysts i want to talk about. the first is ad-blocking, ad-blocking is a huge trend we're going to watch in the next year. people that have closed-app eco

twitter has hired an outside recruiting firm spencer stewart that is looking for people outside twitter, as well. within twitter the two obvious candidates are jack dorsey and adam bain. they've been talking to a wide range of people outside the company. none are at any serious point in terms of talks and interviews with the board. twitter's board did say they are only interested hiring a full-time ceo. we'll have to see if they change their mind on that. >> julia, thank you. this is fascinating from a modern corporate governance story. can you think of any other recent examples of one executive being in so demand for two different companies he has to run them both at the same time? >> maybe along musk or steve jobs, right? when he was running pixar and apple. they made it clear they don't want to do that. something's got to give, clearly. >> so far it's twitter share price. >> according to reports, some walmart suppliers are lawyering up unhappy about new terms and agreements they say could potentially delay payment. >> walmart is telling cnbc the move is to get back to its everyday lo

. >> is your point, kara that you go through these motions with the search committee and spencer studen stewartvoid any questions down the road? >> i think it's a sincere effort. it's a tough job. anyone really big, would you want to take on that job? it's a tough job. you have the founders and the board, they've got a lot of founders on that board. a lot of ex-ceos on that board. it's a tough challenge in a market where facebook and google are just killing it. it's a really hard job and last night i was with a bunch of silicon people and people were saying they could make more money elsewhere without all the grief. it's a tough job. so the person who takes it is going to have to really love this company and will it to the turn-around it needs to have. it's a fantastic brand. so it's a tough job. >> kara, that leads to my second question, which is, does the board need an overhaul as much as twitter needs a new ceo? there's already been the suggestion that dick costolo won't stick around as he said -- >> he won't stick around. i'm going to tell you that definitively. he's not sticking around. >>