Twitter CEO Jack Dorsey Steps Down

November 29, 2021

By: Mary Moore

Photo: Joe Raedle/Getty Images

Twitter CEO Jack Dorsey is expected to step down from his leadership position, according to the New York Times.

Dorsey founded Twitter in 2006 and he will soon be replaced by Parag Agrawal, the company’s current chief technology officer.

This comes after much criticism from within saying that he spent too much time focused on his other company called “Square” where he’s the chief executive of payments and other projects that he’s interested in.

Republicans, mainly Donald Trump have also heavily taken issues with Dorsey over the constant bans over social media from the other the top conservitive views.

Dosey was fired once in 2008 and returned in 2015 only to have investors not be happy with it’s stock growth and rolling out of new innovations for its social media platform. Legislators have also pressed to have Twitter do more to limit the misinformation and hate speech.

On Sunday Dorsey tweeted, “I love Twitter”. 

An official letter was released to employees saying Mr. Dorsey said he wanted Twitter to stop being a founder-led company, which could be a weakness over time. “I’ve worked hard to ensure this company can break away from its founding and founders,” he wrote. “I believe it’s critical a company can stand on its own, free of its founder’s influence or direction.”

“There aren’t many companies that get to this level. And there aren’t many founders that choose their company over their own ego,” Mr. Dorsey added.

It may have been his last announcement addressing the most recent news.