Jack Dorsey steps down as Twitter CEO

Twitter’s Jack Dorsey has been as much of a staple for the social media network as Mark Zuckerberg has for Facebook. However, as followers of Apple and Microsoft can attest to, long-standing figureheads of tech can change in an instant. Twitter is suddenly undergoing just that sort of shakeup. In a surprise announcement, Dorsey has announced that he is stepping down as Twitter CEO.

On-brand for his eccentric personality, Dorsey tweeted out the internal email detailing his resignation from his post. According to the email, Dorsey now feels that it is time to transition the company from a “founder-led” system to something potentially greater. He, along with other members of the board, has already appointed successors for his position.

First, now-former Twitter CTO Parag Agrawal will serve as the company’s CEO effective immediately. Agarwal was formerly an engineer with Twitter but has since led the company through several key decisions beside Dorsey.

Secondly, Bret Taylor, a member of Twitter’s board, will eventually serve as the new chairman. Dorsey will still serve the rest of this term until around May. Between now and the end of his term, Dorsey will help both new leaders transition into their new positions.

Though Dorsey’s announcement has a sense of intensity, this isn’t the first time that the Twitter founder exited his position. Back in 2008, he left his post for a time before returning to helm the company again in 2015. Only time will tell whether this current resignation will stick and what role he will transition into now. Regardless, it’s a new era for Twitter.

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The post Jack Dorsey steps down as Twitter CEO appeared first on GadgetMatch.

Jack Dorsey steps down as Twitter CEO Jack Dorsey steps down as Twitter CEO Reviewed by Telenor Editorial on November 29, 2021 Rating: 5

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