Jack Dorsey resigns as CEO of Twitter

Jack Dorsey resigns as CEO of Twitter

Jack Dorsey, co-founder, and CEO of Twitter has resigned from the company effective immediately.

The eccentric CEO of the social network, previously defined as a microblogging platform, had already left his position in 2008 to return in 2015, but now he assures that he will leave the company forever.

In an email sent to Twitter employees, and posted three minutes later on his official account, Dorsey says that a company run by its founder is “severely limiting” and a “single point of failure.”

“I want you to know that this has been my decision, and my own,” continues Dorsey. “There are not many founders who choose the company over their own ego. I know we will prove that this is the right move. “

Jack Dorsey is leaving his post effective immediately, but will remain on the Twitter board until May (approximately) to “help with the transition.”

The new CEO of Twitter is Parag Agrawal who was up till now the CTO of the company. Agrawal started as an Ads Engineer in 2011 and took over as CTO in 2018. He is the main driver of Bluesky, an open standard for social media that Twitter would continue to build upon, allowing others to access moderation tools and targeting algorithms. contents.

“I joined this company 10 years ago when there were less than 1000 employees,” Agrawal wrote in an email that he has also posted on Twitter. I have walked in your shoes, I have seen the ups and downs, the challenges and obstacles, the victories and the mistakes. But then and now, above all else, I see the incredible impact of Twitter, our continued progress, and the exciting opportunities that lie ahead. “

Twitter has also elected a new chairman to its board of directors: Bret Taylor, the co-creator of Google Maps.

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