Indian-origin Parag Agrawal is new Twitter CEO


New Delhi, Nov 29 (IANS): In a surprise development, Twitter CEO Jack Dorsey on Monday decided to step down from a company he was deeply associated with, handing over the baton to Indian-origin Parag Agrawal, the current CTO, who will be the new CEO and a member of the Board, effective immediately.

Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders.

Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017.

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

Agrawal said: "I look forward to building on everything we have accomplished under Jack's leadership and I am incredibly energised by the opportunities ahead. By continuing to improve our execution, we will deliver tremendous value for our customers and shareholders as we reshape the future of public conversation."

Dorsey returned to lead the company as CEO in 2015 despite being forced out of the post in 2008.

In a letter to employees, Dorsey said he will serve out his term on the board of directors until "May-ish" when he will also leave that position.

New CEO Agrawal joined the company in 2011 as an ads engineer, eventually taking the title of CTO in 2018.

In addition to Agrawal's appointment to the Board, the Company announced that Bret Taylor, a member of the Twitter Board since 2016, has been named Independent Chair of the Board, effective immediately.

 

  

Top Stories

Comment on this article

  • Ravi, Mangalore

    Tue, Nov 30 2021

    Parag does not respect American values. New Twitter CEO Parag Agrawal Follows Soros-Funded Anti Free Speech Group, Supported Bail Fund for BLM Rioters. Agrawal also suggested the divide in COVID lockdown opinions was like a "religious war,"

    DisAgree Agree Reply Report Abuse

  • Shankar, Mangaluru

    Tue, Nov 30 2021

    Being a Indian Hindu, I am proud of Agarwal's achievement.

    DisAgree Agree [2] Reply Report Abuse


Leave a Comment

Title: Indian-origin Parag Agrawal is new Twitter CEO



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image