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Twitter CEO Jack Dorsey Confirms He Will Step Down. The Stock Rises.

Jack Dorsey will be stepping down from his role as Twitter chief executive effective immediately, the social media giant said Monday. Twitter (ticker: TWTR ) appointed Parag Agrawal, current chief technology officer, as CEO and a board member. “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement Monday. Read More...

Jack Dorsey will be stepping down from his role as Twitter chief executive effective immediately, the social media giant said Monday. Twitter (ticker: TWTR ) appointed Parag Agrawal, current chief technology officer, as CEO and a board member. “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement Monday.

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