September 30, 2022

Twitter CEO Jack Dorsey resigns

Twitter founder and CEO Jack Dorsey has resigned from the social media company he founded 16 years ago.

Dorsey confirmed the speculation Monday morning in a post on Twitter with a copy of his email to employees.

“I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey gave as his reason for leaving in the statement.

Dorsey also said he believed the company should move beyond being founder-led.

“There’s a lot of talk about the importance of a company being ‘founder-led.’ Ultimately, I believe that’s severely limiting and a single point of failure,” Dorsey wrote.

Twitter will be led by Parag Agrawal who has served as the company’s Chief Technology Officer.

Agrawal has served at Twitter since 2011. Some fear he may increase censorship on the platform due to past statements.

Dorsey’s departure marks a new era of Twitter that many hope will improve the company in the days ahead.

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