Jack Dorsey is about to step down as Twitter CEO

After countless rumors have been made over the past time, Twitter co-founder and CEO Jack Dorsey has officially confirmed his future story at the world’s second largest social networking platform.

Accordingly, Jack Dorsey will leave the position of CEO (CEO) of Twitter in the next few months, and at the same time, the company’s leadership has also chosen a successor. In fact, this is not news that many people surprised, because Dorsey has long hinted that he will soon leave his position as CEO at Twitter so that he can focus his time and mind on Square, a company. financial potential, where he holds the same position. Jack Dorsey himself revealed that he also received a lot of advice to resign because he was no longer fully devoted to Twitter, but focused too much on Square.

The decision to resign and the letter to the user was posted by Jack Dorsey in a tweet today, and attracted nearly 300,000 likes. A press release is expected to be released tomorrow.

While no longer holding the position of “captain” at Twitter, Dorsey will remain a member of the company’s Board of Directors until the end of his term in 2022.

Jack Dorsey is known to many as the co-founder and CEO of Twitter. After more than 15 years of dedication, he has greatly contributed to turning Twitter into one of the global technology empires, with the position of the second largest social networking platform in the world after Facebook.

Under Jack Dorsey’s leadership, Twitter is now worth about $40 billion. That’s a large number, but less than half that of Square, which is currently valued at more than $99 billion. It’s possible that running two billion-dollar companies exhausted Dorsey, and that’s why he left the position of CEO of Twitter.

Dorsey’s successor will certainly have to be a capable name, and that’s Parag Agrawal, 37, who now serves as Twitter’s CTO and is considered Jack’s “right-hand man.” Dorsey over the years.


Related Posts

Leave a Reply

Your email address will not be published.