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Get Twitter, Inc. Report said Monday that co-founder Jack Dorsey will step down as CEO, with Parag Agrawal named as his replacement to lead the micro-blogging website.
Dorsey will remain on the board until at least 2022, the company said, with Bret Taylor becoming independent chairman. Agrawal, Twitter's current chief technology officer since 2017, will assume CEO duties immediately.
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Dorsey, 36, co-founded Twitter in 2006 but was forced out as CEO two years later. He was brought back in 2015, however, in a effort to re-boot growth -- and tackle online abuse -- amid the social media group's growing global influence.
"I've decided to leave Twitter because I believe the company is ready to move on from its founders," Dorsey said. "My trust in Parag as Twitter's CEO is deep. His work over the past 10 years has been transformational. I'm deeply grateful for his skill, heart, and soul. It's his time to lead."
"I want you to know that this was my decision and I own it," he added in a statement posted on his verified Twitter account.
If I'm a 45yo worth 12Billion, I wouldn't want to hang around doing CEO work when I could be out doing pretty much anything else without all the headaches.
Just look at all the BS he catches from the right and the left (like gasp, eating chick-fil-a during pride month)....no thanks.
If I'm a 45yo worth 12Billion, I wouldn't want to hang around doing CEO work when I could be out doing pretty much anything else without all the headaches.
Just look at all the BS he catches from the right and the left (like gasp, eating chick-fil-a during pride month)....no thanks.
jack is a brilliant, very strange, wealthy, 45 year old man with no wife or children. it will be interesting to see what he will do with his time with no business to run.
jack is a brilliant, very strange, wealthy, 45 year old man with no wife or children. it will be interesting to see what he will do with his time with no business to run.
Last I knew he’s CEO of more than one public company.
If I'm a 45yo worth 12Billion, I wouldn't want to hang around doing CEO work when I could be out doing pretty much anything else without all the headaches.
Just look at all the BS he catches from the right and the left (like gasp, eating chick-fil-a during pride month)....no thanks.
This is precisely the reason that you aren't a 45-year-old CEO worth 12 billion dollars.
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