Twitter CEO Dick Costolo Resigns

Twitter CEO Dick Costolo Resigns

Twitter CEO Dick Costolo Resigns

Twitter CEO Dick Costolo Resigns


Twitter has announced today that Dick Costolo is stepping down as CEO of the social network, this comes after months of criticism about his leadership and the company's product execution. Jack Dorsey, co founder and former CEO will be returning as CEO while the company searches for a more permanent replacement. The change in CEO will be effective July 1.

Jack Dorsey said this in an official statement:  


"The future belongs to Twitter thanks in large part to Dick Costolo's dedication and vision,"

"Dick has put a world-class team in place and created a great foundation from which Twitter can continue to change the world and grow."


Twitter CEO Dick Costolo Resigns  


So far that stock market has responded positively to Twitter's change in CEO, with the company's stock price increasing by 8% in the hours following the news. 


Twitter CEO Dick Costolo Resigns  


You can join the discussion on Twitter's change in CEO on the OC3D Forums. 



Twitter CEO Dick Costolo has resigns after criticism of his leadership and product execution.http://www.overclock3d.net/articles/gpu_displays/twitter_ceo_dick_costolo_resigns/1

Posted by OC3D on Friday, 12 June 2015
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Most Recent Comments

13-06-2015, 23:33:09

What more do they want Twitter to do? It already has around 300million users iirc. If they make it more like instagram then it kinda makes it the same thing.Quote

14-06-2015, 00:23:27

I'm not a fan of Twitter, never gotten around to it nor got the point of it to be honest.Quote

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