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Twitter Founder Jack Dorsey Officially Steps Down as CEO

Twitter founder Jack Dorsey officially stepped down as CEO on May 25, according to Axios. On November 29, 2021, Dorsey announced his retirement and ceased operations with the company, with CTO Parag Agrawal taking his place.

Dorsey ran Twitter from its inception in 2006 until 2008 before returning to CEO in 2015. In 2020, investment firm Elliott Management wanted to get Dorsey fired. Then the investors of the service did not like that he combines work in a social network with the management of the Square electronic payment service. But in the end, Dorsey remained in charge of Twitter.

Dorsey now runs Block

Dorsey now runs electronic payment service Block (formerly Square), bitcoin promotion platform Square Crypto, which he renamed Spiral in early December last year, and music streaming service Tidal. In April 2022, Block submitted a notice to the US Securities and Exchange Commission (SEC) that Jack Dorsey changed his position from the company's CEO to the position of its head or head (Block Head). In fact, he became the Head of the Block or the most important block head.

Michael Zippo
[email protected]


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