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Jack Dorsey Resigned From Twitter: The Chief Executive Officer (CEO) of micro-blogging platform Twitter, Jack Dorsey has resigned from his post. He gave information about this by tweeting. Jack Dorsey has released a statement on Twitter, in which he said, “From Founder to CEO, from Chair to Executive Chair, then to Interim CEO then CEO, after nearly 16 years at the company, I have finally decided to leave (Twitter)”. The time has come. Jack has said at the end of his statement that my only wish for Twitter Inc. is that it remains the most transparent company in the world.

Jack Dorsey tweeted, “Don’t know if anyone has heard or not, but I have resigned from Twitter.” The post of Jack will now be handled by Indian American Parag Agarwal.

Let us tell you that earlier Reuters had given information about the resignation of Jack Dorsey by quoting the source. The source had told that the company’s board was preparing for the last one year for Jack Dorsey to leave Twitter. Let us tell you that Jack Dorsey did his last tweet on 28 November. He wrote in that tweet, “I love Twitter (I love Twitter).” 

Twitter CEO Parag Aggarwal tweeted, “Thanks to Jack Dorsey and our entire team and looking forward to tomorrow. This is the note I sent to the company. To show everyone’s trust and support.” Thank you for that.”

It is noteworthy that CNBC was the first to report about this move of Jack Dorsey. Let us tell you that 45-year-old Jack Dorsey is showing a lot of interest in cryptocurrency these days. He has used the hashtag of bitcoin on his Twitter. Dorsey is also the CEO of Twitter as well as payment company Square Inc., which has been controversial last year.

According to Bloomberg’s report, Dorsey has a net worth of USD 12.3 billion, with Square accounting for more than USD 10 billion of that amount. He has publicly pledged much of his stake in Square to charitable causes, it mentioned.

Who Is Parag Agarwal?

Parag Agrawal has a Bachelor’s Degree in Computer Science and Engineering from the Indian Institute of Technology, Bombay, and a doctorate in Computer Science from Stanford University, according to his LinkedIn bio.

Parag Agrawal joined Twitter as ‘Distinguished Software Engineer’ in 2011 and became the CTO of the company in 2017, Twitter’s leadership page said. Before joining Jack Dorsey’s company, Parag held leadership positions at Microsoft Research, Yahoo! Research and AT&T Labs.


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