November 03, 2024 01:00 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Andhra Pradesh: Three-year-old girl raped and murdered by relative in Tirupati | Two terrorists killed in encounter with security forces in Kashmir's Anantnag | Bengal: 5-year-old girl raped and murdered in Alipurduar, accused beaten to death by angry villagers | Kashmir: Encounter breaks out between security forces and terrorists in Srinagar | Mumbai Police initiates extradition process to bring back Lawrence Bishnoi's brother Anmol Bishnoi from US
Indian-origin Parag Agrawal to take over as Twitter CEO after Jack Dorsey resigns
Parag Agarwal | Jack Dorsey

Indian-origin Parag Agrawal to take over as Twitter CEO after Jack Dorsey resigns

| @indiablooms | 30 Nov 2021, 12:35 am

San Francisco/IBNS: Twitter Inc. co-founder and chief executive officer Jack Dorsey on Monday announced that he has resigned from the micro-blogging site paving the way for Indian-origin Parag Agrawal to step into his shoes.

In a tweet, Dorsey wrote: "not sure anyone has heard but, I resigned from Twitter."

The company's Chief Technology Officer Parag Agrawal will take over the post of the CEO.

The move will be effective immediately, though Dorsey will stay on the board of the social media company until his term expires in 2022, Twitter said in a statement Monday.

"I've decided to leave Twitter because I believe the company is ready to move on from its founders," Dorsey said in the statement.

"My trust in Parag as Twitter's CEO is deep. His work over the past 10 years has been transformational. I'm deeply grateful for his skill, heart, and soul. It's his time to lead," he added in the statement.

Dorsey, 45, is also the head of payments company Square Inc. and has been taking an increasing interest in cryptocurrencies recently.

Dorsey stepped down as CEO of Twitter in 2008, but returned to the company in 2015.

His successor, Parag Agrawal, did his graduation from IIT-Bombay and PhD in computer science from Stanford University.

He joined Twitter in October 2011 as an ads engineer and soon after was promoted to the company's post of 'Distinguished Software Engineer'.

In 2017, Twitter appointed Parag Agrawal as its Chief Technology Officer.

After the announcement, Agrawal tweeted: "Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support."

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.