Twitter co-founder Jack Dorsey will step down as the company’s chief executive officer.
The billionaire CEO announced in a tweet that he is stepping down as CEO, to be replaced by Parag Agrawal, who is the company’s chief technical officer.
“I want you all to know that this is my decision and I own it,” he said.
Dorsey is also the top executive at Square, a financial payments company that he founded, and some big investors have openly questioned whether he can be effective leading both.
not sure anyone has heard but,<br><br>I resigned from Twitter <a href=”https://t.co/G5tUkSSxkl”>pic.twitter.com/G5tUkSSxkl</a>
—@jack
More to come
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