Twitter CEO Jack Dorsey to step down immediately, CTO Parag Agrawal to succeed
Twitter Inc on Monday said that Chief Executive Officer Jack Dorsey is stepping down, effective immediately, and Parag Agrawal, the company’s chief technology officer, will become the successor
By Arghyadeep Dutta
Published - Nov 29, 2021, 06:37 PM ET
Last Updated - Jul 05, 2024, 02:42 AM EDT
• Parag Agarwal will be the CEO of Twitter with immediate effect
• Dorsey faced ousting from Twitter stakeholder Elliott Management in 2020 for being the CEO of two publicly listed companies
Twitter Inc on Monday said that Chief Executive Officer Jack Dorsey is stepping down, effective immediately, and Parag Agrawal, the company’s chief technology officer, will become the successor.
Shares of the microblogging platform jumped more than 11% on the news and slumped after that.
