Jack Dorsey Has Resigned From Twitter
Jack Dorsey, the founder of Twitter and the face of the company for 15 years, has announced his resignation from the site, effective today. Chief Technology Officer Parag Agrawal will take over as CEO.
Dorsey naturally announced the sudden resignation on his Twitter account, sharing a screenshot of an email he sent to the company with the news.
"I want you all to know this was my decision and I own it," he wrote. "It was a tough one for me, of course. I love this service and company… There aren't many companies that get to this level. And there aren't many founders that choose their company over their own ego."
not sure anyone has heard but,
I resigned from Twitter pic.twitter.com/G5tUkSSxkl— jack⚡️ (@jack) November 29, 2021
"I want to thank the Board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership," Agrawal said. "I look forward to building on everything we have accomplished under Jack’s leadership and I am incredibly energized 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."
Twitter stock rose after the news was released before trading Twitter stock was halted. Online, Twitter users took the opportunity to fire off some hasty jokes about Jack getting off Twitter.
jack off twitter https://t.co/ijcV69WS5s
— Gene Park (@GenePark) November 29, 2021
when the next head of twitter pisses everyone off I call dibs on tweeting "NEW @JACK SHITTY" https://t.co/Mx2oUgSec4
— Otiz Ranchez (@eatatmilliways) November 29, 2021
Jack Off Twitter Board
Incase the headline writers need some help. https://t.co/RI5Fn35ghp— Molly Quell (@MollyQuell) November 29, 2021
Dorsey will remain working on Twitter until the next board meeting in 2022, at which time he will leave Twitter completely.
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