Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Twitter CEO Dick Costolo steps down

Blair Hanley Frank | June 12, 2015
Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.

Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.

Twitter co-founder and Chairman Jack Dorsey will be taking over as interim CEO while the company looks for a new chief executive. This doesn't appear to be a Steve Jobs-esque return to the company for Dorsey, who will remain CEO of Square, the payments company he co-founded in 2009.

(More to follow.)

 

Sign up for CIO Asia eNewsletters.