Headline RoundupNovember 29th, 2021

Twitter Founder Jack Dorsey Steps Down as CEO

Summary from the AllSides News Team

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."
 

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