Jack explains that twitter is ready to completely break free from the influence of its founders.
Elliott Management Corporation, one of the leading investors in twitter, has demanded the resignation of 45 - year - old Jack Dorsey.
New York: twitter co-founder Jack Dorsey has resigned from the company. Jack himself shared the information on Twitter.
Earlier, there were rumors that he might resign. Jack resigned as company CEO and board chairman. Current Chief Technical Officer Parag Agarwal will take over as CEO.
Brett Taylor will be the company's board director. The announcement is that Jack will remain on the board until his membership expires in 2022.
Jack explains that twitter is ready to completely break free from the influence of its founders.
Elliott Management Corporation, one of the leading investors in twitter, has demanded the resignation of 45 - year - old Jack Dorsey.
New CEO Parag Agarwal took to twitter in 2011. He has been the Chief Technical Officer of the company since october 2017. Parag holds a B.Tech degree in Computer Science from IIT bombay and a Ph.D. from Stanford University.
In his farewell letter, Jack Dorsey says that Parag is well suited to lead twitter in times of new challenges and that Parag is confident.
