Twitter CEO Dorsey resigns, CTO Parag Agarwal to take charge as CEO
Twitter CEO Jack Dorsey has sapped down from his role at the company. He also tweeted to confirm his resignation.
The company also sent a press release to confirm the change. Parag Agrawal will take over as the new CEO of Twitter. Parag Agarwal joined Twitter back in 2011 and has served as CTO of the company since 2017. Dorsey will remain on Twitter’s Board until his term expires at the 2022 meeting of stockholders.
“Parag has been behind every critical decision that helped turn this company around. He’s curious, probing, rational, creative, demanding, self-aware, and humble. He leads with heart and soul, and is someone I learn from daily. My trust in him as our CEO is bone deep,” Jack said about Parag.
Parag Agarwal graduated from IIT Mumbai and earned a PhD in Computer Science from Stanford University. He has previously worked at Microsoft, Yahoo, and AT&T labs before joining Twitter.