Business
Former Twitter CEO Jack Dorsey Responds To Musk Takeover: 'Elon Is The Singular Solution I Trust'
April 26, 2022
November 29, 2021
Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey will step down from his role, a person familiar with the matter told Reuters. Dorsey and Twitter's board have settled on his successor, the source said, without identifying the person by name.
The company's board has been preparing for Dorsey's departure since last year, the source added. Twitter was not immediately available for comment. Shares of the microblogging platform surged 9% in early trading, while those of digital payments firm Square Inc (SQ.N), which is also helmed by Dorsey, were up 3%.
