Twitter co-founder leaves his company after almost 16 years

New York, Nov 29 (EFE) .- The CEO of Twitter, Jack Dorsey, announced this Monday that he is leaving the company he helped create in 2006 to “free” it from the influence of its founders after years of tension with its investors and questions about freedom of expression on the platform.

“After almost 16 years with positions in our company … from co-founder to CEO (chief executive officer), president, chief executive officer, acting CEO and CEO … I have decided that it is time to go,” said the businessman from 45 years in a note in which he outlined his irregular trajectory.

After several hours of speculation that generated strong movements on Wall Street, the company confirmed its departure and indicated that its board of directors had unanimously appointed the one who has been chief technology officer for the last three years, Parag Agrawal, as the highest level executive ” effective immediately. “

He also appointed a new independent chairman of the board, Bret Taylor – co-founder of Google Maps and chief operating officer of Salesforce – who recognized Dorsey’s “visionary leadership and tireless dedication” to the social network and the “turn” it has brought him. given since his “return” in which he considered a “critical moment”.

The atypical businessman created Twitter with the idea that it would be a communication tool between friends and has accompanied its transformation into a public forum in which important challenges have been opened, especially during the presidency in the United States of Donald Trump, whose account is vetoed by business decision.


Dorsey was removed from the top position at the request of the board of directors early in 2008 for dividing his time and attention between too many projects and passions – he was urged to “be a fashion designer or the CEO of Twitter” – but remain. in the background it did not imply that he stood still.

In 2009, the businessman founded the digital payments firm Square – where he continues to act as CEO – and in recent years he has gained notoriety for his bohemian lifestyle, with spiritual retreats to the desert or extreme fasting, and for his defense of cryptocurrencies, consolidating itself into an emblematic figure of the internet.

He was reappointed CEO of Twitter in 2015, but last year his position was threatened again when investment firm Elliott Management launched a campaign for him to be replaced after announcing that he would move to Africa and combine his work at the company from there. platform with that of Square.

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