But Michael Montano, Twitter’s Global Engineering Lead, has absorbed the technical team in the interim. It is still unclear who is taking over Agrawal’s team as CTO. “Our purpose has never been more important.” “The world is watching us right now, even more than they have before,” Agrawal wrote in an email response to Dorsey’s memo. As CEO, Agrawal will take on the pressures that Dorsey faced in a world consumed by social media and the heightened spread of misinformation. He was appointed to CTO in October 2017 and was responsible for Twitter’s technical strategy, leading work to improve deployment velocity and machine learning at the company.
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He quickly rose through the ranks to become the company’s first Distinguished Software Engineer due to his work across revenue, consumer engineering and his impact on the re-acceleration of audience growth in 20. Originally from India, Agrawal joined Twitter back in 2011 when there were fewer than 1,000 employees. Like Dorsey, Agrawal also started his career as a software engineer. My trust in him as our CEO is bone deep.” He leads with heart and soul and is someone I learn from daily. “He’s curious, probing, rational, creative, demanding, self-aware and humble. “Parag has been behind every critical decision that helped turn this company around,” Dorsey said in the memo. It doesn’t seem to be a mistake that both of Dorsey’s replacements also come from robust engineering backgrounds.Īccording to Dorsey’s email memo, the Twitter Board conducted a “rigorous” search for a new CEO and unanimously decided on Agrawal. Now that its founder whose name is synonymous with the company is gone, The Org explored who is taking over the reins and leading the social media platform into a new era. I know we’ll prove this is the right move.”ĭorsey will continue to lead as the CEO and Chairman of his fintech unicorn Square, which rivals Stripe for market share of popular payment processing tools it gives small businesses.
And there aren’t many founders that choose their company over their own ego. “There aren’t many companies that get to this level. “I want you all to know that this was my decision and I own it,” Dorsey said in the email. In 2008, he was fired from the top position, but returned in 2015 to lead the company once again. Dorsey’s decision to step down on his own marks an inflection point in his career.
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“I believe it’s really important to Parag the space he needs to lead.I believe it’s critical for a company to stand on its own, free of its founders influence or direction.”įor months, investors and employees alike have been questioning Dorsey’s judgement on everything from how much money the company makes to how Twitter regulates what speech is allowed on the platform. “Why not stay or become Chair?” Dorsey wrote in his memo. Dorsey is remaining on the Board until then to help guide his two successors through the transition process. Early Monday morning, Twitter employees woke up to an email from founder and long-acting CEO Jack Dorsey announcing his resignation, effective immediately.ĬTO Parag Agrawal will take Dorsey’s place as chief executive, and current Twitter board member and Salesforce President and COO Bret Taylor will replace Dorsey as Board Chair in May.
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