Jack Dorsey Resigned as CEO of Twitter; will be replaced by Parag Agrawal

Jack dorsey presented his resigns as CEO of Twitter. The famous blue bird social network It will now be directed by Parag Agrawal, technical manager of the platform.

The resignation will be effective as of this Monday, November 29, and Agrawal will take office immediately. The digital platform announced at the end of the Dorsey era with a statement, who said that “the firm is ready to cut the cord with its founders.”

In turn, Jack stated in a publication with his resignation email that his only wish is for Twitter to be the most transparent company in the world. This ends 16 years of Dorsey actively collaborating with the social network he founded in 2006.

Just this day it had transpired, following reports from CNBC, that Dorsey would step down as CEO of Twitter, although it was not known when or how. The now former CEO had not commented on the matter, although there was some indication that he would leave the social network, after this Sunday he wrote that he loved Twitter.

Dorsey’s long track record on Twitter

Jack Dorsey founded Twitter in 2006 and he was the executive director of his platform in 2008, when he was expelled from the position after the board decided that he did not have the capacity to direct the company or solve the problems that the social network presented when it was interrupted persistently. They also accused him of quitting work to attend yoga and fashion design classes. In his place was his partner Evan williams.

In 2011, investors determined that Williams was unable to run Twitter and appointed as CEO. Dick costolo; Jack Dorsey returned to the company as CEO, but focused on product development; By then Dorsey had founded Square, so he divided his time between the two platforms.

And that’s it By 2015, Jack Dorsey was appointed (again) CEO of Twitter, after the resignation of Dick Costolo. Since then, the social network of the blue bird has grown by leaps and bounds, although it is worth remembering that in 2020, some investors, including Paul Singer of Elliott Management, requested his dismissal as CEO, making him choose between Twitter or Square.

16 years after the founding of Twitter, Jack Dorsey will stop collaborating in his company, after several stages at the helm.


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