Jack Dorsey Is Expected To Step Down As Twitter CEO
According to CNBC, Jack Dorsey is expected to step down from his chief executive role at social media giant Twitter.
Jack Dorsey currently serves as chief executive of both Twitter and digital payments company Square. Twitter stakeholder Elliott Management had sought to take on Dorsey’s role in 2020 prior to the investment firm reaching a deal with Twitter’s management.
At the time, billionaire investor and Elliott Management founder Paul Singer had questioned whether or not Dorsey should stand as CEO for both Square and Twitter simultaneously. Singer called for Dorsey to step down as CEO at one of the companies.