Close Menu
    Trending
    Demo
    News

    Twitter Stock Jumps 11% After CEO Jack Dorsey Announces Exit

    Mary Anne ButlerBy No Comments

    This just in-

    Twitter CEO Jack Dorsey is leaving the social media giant, as well as Square. Twitter’s Chief Technology Officer Parag Agrawal is taking over as CEO effective immediately, as the board chose him seemingly before Dorsey’s decision.

    Dorsey announced the news in a statement released….on Twitter. He says he’ll stay on the board until May(ish) to help with the transition. You can read the full statement below.

    It’s worth noting that this isn’t the first time Dorsey has left the company he co-founded back in 2006. He served as CEO until he was pushed out in 2008, and returned in 2015 after former CEO Dick Costolo stepped down.

    Twitter’s stock jumped 11% after the news hit.

    Share.

    Mary Anne Butler (Mab) got her start in album reviews and live concert coverage for a nationally published (print) music magazine as a teenager. She eventually transitioned to online media, writing for such sites as UGO/IGN, ComicsOnline, Geek Magazine, Ace of Geeks, Aggressive Comix (Editor-in-Chief), Bleeding Cool (News Editor), Nerdbot (as Editor-In-Chief), and now [Bad]Influencers, where she is Editor-in-Chief. Over the past 15 years, she’s built a well-known reputation at conventions across the globe as a cosplayer (occasionally), photographer (constantly), panelist and moderator (mostly), and reporter (always). Interviews, reviews, observations, breaking news, and objective reporting are the name of the game for the founder of Harkonnen Knife Fight, a Dune-themed band. She also produces award-winning immersive events, including Wasteland Weekend and Neotropolis.

    Related Posts