2024-06-22 09:31:54
Parag Agrawal named Twitter CEO after Jack Dorsey resigns
Washington – Twitter Chief Expertise Officer Parag Agrawal was named the corporate’s CEO on Monday following the resignation of the social community’s founder, Jack Dorsey.
“I’ve determined to depart Twitter as a result of I imagine the corporate is able to half methods with its founders,” Mr. Dorsey stated in a press release.
“My belief in Parag as CEO of Twitter runs deep. His work over the previous decade has been transformative. I’m deeply grateful for his expertise, coronary heart and soul. It’s his place to guide,” he stated. stated the founding father of Twitter.
Throughout Mr. Dorsey’s tenure, Twitter turned worthwhile, posted its first billion-dollar quarter, and started testing and launching a variety of options to draw customers. Twitter’s inventory worth has elevated 85% since October 2015, when Mr. Dorsey took the reins of the corporate.
Shares of Twitter had been halted Monday morning on Wall Road after leaping as a lot as 11% following the information.
2024-06-22 09:31:54