Jack Dorsey is stepping down as CEO of Twitter and leaving the board

Jack Dorsey has announced that he’s stepping down as the CEO of Twitter after 16 years at the company. The change is effective immediately, and starting today, Parag Agrawal, Chief Technical Office (CTO) at Twitter up until this point, is taking over as CEO.
In addition to leaving the role of CEO, Dorsey also announced that he’ll be leaving the board of directors at Twitter in May. Dorsey will be serving the rest of his term as a member of the board of directors to help Parag with the transition to the role of CEO. On that front, Bret Taylor will be taking on the role of chairman of the board of directors once Dorsey leaves.
Explaining his reasoning for the decision, Dorsey claims that being “founder-led” can be limiting for any given company and that being free from its founders has always been the goal for Twitter. Dorsey believes now is the right time for a change in leadership, especially with Parag Agrawal taking the helm at the company. The leaving CEO says Agrawal has been be…

Written By: João Carrasqueira

Original Article: https://www.xda-developers.com/jack-dorsey-steps-down-ceo-twitter/

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