Twitter Founder Jack Dorsey Steps Down as CEO
Headline Roundup November 29th, 2021
Twitter founder and Chief Executive Officer Jack Dorsey announced his resignation Monday morning.
Chief Technology Officer Parag Agrawal will take over as CEO immediately. Dorsey said he's leaving because "the company is ready to move on from its founders." He called Agrawal's contributions to the company "transformational" and said "It's his time to lead." Twitter says Dorsey will "remain a member of the Board until his term expires at the 2022 meeting of stockholders." Shares of the company's stock were down roughly 1% on Monday afternoon.
Outlets across the spectrum reflected on Dorsey's leadership of the company. Coverage from right-rated outlets often highlighted controversies with Twitter and its banishment of former President Donald Trump. Some coverage from the right also highlighted comments Agrawal made in an 2020 interview, when he said the company's focus is "less on thinking about free speech" but instead thinking about "how the times have changed."
Twitter’s incoming CEO Parag Agrawal suggested last year that the company should “focus less” on free speech during an interview with Technology Review.
Twitter co-founder Jack Dorsey announced Monday that he is stepping down as CEO and will be succeeded by Agrawal, who is the platform’s current chief technology officer.
Last year, Technology Review editor-in-chief Gideon Lichfield asked Agrawal how Twitter balances its efforts to combat misinformation with wanting to “protect free speech as a core value” and to respect the First Amendment.
“Our role is not to be bound by the First Amendment, but...
Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately. Parag Agrawal, Twitter’s chief technology officer, will take over the helm, the company said Monday.
Shares of Twitter were down about half a percent before noon on Monday.
Dorsey, 45, was serving as both the CEO of Twitter and Square, his digital payments company. Dorsey will remain a member of the board until his term expires at the 2022 meeting of stockholders, the company said. Salesforce President and COO Bret Taylor will become the chairman of the board, succeeding Patrick...