Jack Dorsey resigned as head of Twitter

He will remain a member of the company's Board of Directors until his term of office expires in 2022

30.11.2021 - 10:15

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What’s new? Jack Dorsey has stepped down as Twitter's CEO. However, he will remain a member of the company's Board of Directors until his term expires in 2022. Parag Agrawal, who was Twitter's CTO, has already been appointed to his position.

not sure anyone has heard but,I resigned from Twitter pic.twitter.com/G5tUkSSxkl— jack⚡️ (@jack) November 29, 2021

How did Dorsey comment on the situation? According to the now former CEO of the company, the decision to leave was not easy for him:

“I've decided to leave Twitter because I believe the company is ready to move on from its founders. 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.”

What is known about the new CEO? Parag Agrawal joined Twitter in 2011 and became the company's first distinguished engineer. Thanks to him, the company's audience grew strongly in 2016 and 2017. Since October 2017, he has been the Chief Technology Officer. Agrawal noted:

“I want to thank the Board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership. I look forward to building on everything we have accomplished under Jack's leadership and I am incredibly energized by the opportunities ahead.”

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