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Twitter's CEO, Dick Costolo, Steps Down

         

engine

8:20 am on Jun 12, 2015 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



So, Dick Costolo has decided to step down as twitter CEO, and Jack Dorsey, Twitter's Chairman is to become interim CEO while the company looks for a new leader.

Here's the official news release on the news.

[files.shareholder.com...]

JS_Harris

9:28 pm on Jun 13, 2015 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Costello will stay as member of the board, his departure was widely rumored for months. Choosing Dorsey to take over in the interim is interesting since he is a former Twitter CEO, he'll have his work cut out for him given Twitter's lack of user growth and the short patience of it's shareholders.