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Twitter founder Jack Dorsey steps down as network’s CEO

Twitter CEO Jack Dorsey appears on a screen as he speaks remotely during a hearing before the US Senate Commerce Committee on Capitol Hill, October 28, 2020, in Washington. (Michael Reynolds/ Pool via AP)
Twitter CEO Jack Dorsey appears on a screen as he speaks remotely during a hearing before the US Senate Commerce Committee on Capitol Hill, October 28, 2020, in Washington. (Michael Reynolds/ Pool via AP)

Twitter announces that co-founder Jack Dorsey is stepping down immediately as CEO, with the company’s chief technical officer Parag Agrawal replacing him.

“Twitter, Inc. today announced that Jack Dorsey has decided to step down as chief executive officer and that the Board of Directors has unanimously appointed Parag Agrawal as CEO and a member of the board, effective immediately,” the company says in a statement.

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