Founder Dorsey slams Twitter board over ‘dysfunction’ amid Elon Musk takeover push
Dorsey to leave Twitter’s board at 2022 meeting of shareholders scheduled for late May
Musk criticized, saying he wouldn’t pay $0 to the board of directors once he acquires the company
Twitter Inc (NYSE: TWTR) founder and former ch ief executive Jack Dorsey slammed the social media company’s board on Sunday as directors are tasked with evaluating Elon Musk’s $43 billion takeover bid.
Dorsey tweeted, “It’s consistently been the dysfunction of the company,” criticizing the board in response to a post in which a user described the “plots and coups” that played out early on in the history of Twitter’s board among its founding executives.
Dorsey, the co-founder of the social media company, served an earlier stint as its CEO but was fired from the role in 2008 and replaced with another one of his co-founders. He returned to lead the company in 2015. He resigned from his second stint last November.
