Twitter CEO Jack Dorsey plans to step down from his executive post soon, according to a report this morning by CNBC.ĭorsey also serves as CEO of digital payments firm Square, and that unusual dual role has caused friction with some investors over the years. “I look forward to building on everything we have accomplished under Jack’s leadership and I am incredibly energized by the opportunities ahead.” “I want to thank the board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership,” said Agrawal.
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Jack has given the world something invaluable and we will continue to carry it forward.”Īgrawal has the board’s “utmost confidence,” Taylor added. The progress since then has been nothing short of incredible. Taylor, on behalf of the board, thanked Dorsey for his “visionary leadership and unrelenting dedication to Twitter since its founding.” He noted Dorsey’s return to the company as CEO in 2015, whereupon he “turned the company around at the most critical time. Maintaining both roles has drawn criticism from some investors and company observers. It’s his time to lead.”ĭorsey has been CEO of both Twitter and Square, his digital payments firm. I’m deeply grateful for his skill, heart, and soul. His work over the past 10 years has been transformational. “My trust in Parag as Twitter’s CEO is deep. “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said. In addition to the CEO shuffle, Bret Taylor was named chairman of the board, succeeding Patrick Pichette, who will remain a member of the board and chair of its audit committee. The change at the top, which had been reported earlier this morning by CNBC and The New York Times, was confirmed in a press release. Twitter To Settle Shareholder Securities Lawsuit For $809.5 Million
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Molten, An Enterprise Software Startup, Raises $7M In Seed Funding From Ashton Kutcher, Michael Ovitz, Jack Dorsey & Other Backers Ad Sales Jump 51%, Profits Hit By Litigation Charge Twitter Hits 211 Million Daily Active Users In Q3 U.S. A Twitter staffer for more than a decade, he has been CTO since 2017. Parag Agrawal, Twitter’s chief technology officer, was named Dorsey’s successor. Twitter CEO Jack Dorsey is stepping down from the exec post but will remain a board member at the social media firm until 2022. Kutcher is mostly known for playing Michael Kelso in That '70s Show (1998) and is co-founder of Katalyst, a studio for social media.UPDATED with official confirmation. He created the Demi and Ashton Foundation, to eliminate child sex slavery worldwide.
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In 2010, Kutcher was named one of Time Magazine's Top 100 Most Influential People. In 1997, Kutcher was a biochemical engineering student at the University of Iowa and was discovered by a local talent scout. He grew up in rural Homestead, Iowa, graduating from Clear Creek-Amana High School in Tiffin, Iowa. He is of Czech (father) and Irish, German, and Czech (mother) descent. He has a fraternal twin brother, Michael, and a sister, Tausha. Christopher Ashton Kutcher was born on Februin Cedar Rapids, Iowa, to Diane (Finnegan), who was employed at Procter & Gamble, and Larry Kutcher, a factory worker.