Twitter appoints Jack Dorsey as permanent CEO [ Current Affairs ]

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About Jack Dorsey: Jack Dorsey was born on 19th November 1976 at St. Louis of Missouri, United States. He is co - founder and CEO of Twitter and also the founder and CEO of Square which is a mobile payments company.

Image of Jack Dorsey

Image of Jack Dorsey

Permanent CEO of Twitter

  • Square is used to accept debit and credit card payments on a mobile device which was released in May 2010.
  • He was entitled as one of the top 35 innovators at the MIT Technology Review TR35 in the world under the age of 35 in 2008.
  • The Wall Street Journal honoured him with the “Innovator of the Year Award” for technology in 2012.

About the appointment:

  • Twitter has appointed Jack Dorsey as its permanent CEO for second time.
  • Jack will replace Dick Costolo, who had resigned in June 2015 and served in this position for five years.
  • Costolo will terminate to be chairman of the board of Twitter but will continue to serve as a member of the board.
  • Earlier, Costolo was served as Twitter’s president and CEO from May 2007 to October 2008
  • He was also served as the Chairman of the board of members of Twitter from October 2008.
  • Jack has also served on the board of directors of The Walt Disney Company.
  • Adam Bain also appointed as Chief Operating Officer by Twitter.
  • He was also served as President of global revenue and partnerships division at Twitter from 2010.

- Published on: October 7, 2015