Dorsey will juggle his return as CEO with identical position at Square
Twitter has appointed a new CEO – and it’s a very familiar face.
The social media giant has announced that Jack Dorsey is returning to the company he co-founded as he steps up from the role of interim Twitter CEO that he had held since former incumbent Dick Costolo stood down back in July.
Dorsey had left Twitter in 2008 to set up mobile payments firm Square, where he will remain as CEO , balancing the two roles equally.
“Twitter stands for freedom of expression. We stand for speaking truth to power. And we stand for empowering dialogue,” Dorsey wrote on his Twitter account.
“Twitter is the most powerful communications tool of our time. It shows everything the world is saying rn…10-15 minutes before anything else.”
“We’re working hard at Twitter to focus our roadmap on a few things we can make really great. And we’re strengthening our team along the way.”
“Our work forward is to make Twitter easy to understand by anyone in the world, and give more utility to the people who love to use it daily!”
Twitter also announced the appointment of Adam Bain as the company’s chief operating officer, having previously served as its president of global revenue & partnerships from September 2010 to October 2015.
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