Jack Dorsey is Twitter’s new CEO — permanently.
Agencies
Investors had been calling on the company’s board to appoint co-founder Dorsey as permanent CEO since July 1, when he was named interim chief after Dick Costolo stepped down. Twitter made it official Monday morning.
Dorsey will also remain CEO of Square, a mobile payments startup he also co-founded that is reportedly preparing for an IPO.
Whether he would hold the top job at both companies had been a matter of speculation.
Shortly after Twitter named Dorsey interim CEO, the board put out a statement that seemed to rule him out of the running, saying it only wanted candidates “in a position to make a full-time commitment to Twitter.”
But Dorsey tweeted on Monday that “I’ve been CEO of both companies for over 3 months now. I have the smartest, strongest, and most determined leaders in the world on my teams.”
- Chamisa under fire over US$120K donation
- Mavhunga puts DeMbare into Chibuku quarterfinals
- Pension funds bet on Cabora Bassa oilfields
- Councils defy govt fire tender directive
Keep Reading
Twitter director Peter Currie, who led the search committee for a new CEO, said the company interviewed a wide range of candidates and found that Dorsey was “not just meeting but surpassing expectations as CEO.”
