Technology

Jack Dorsey to step down as CEO of Twitter

Published on 11/29/2021 10:06 AM

Jack Dorsey is today at the head of a fortune estimated at $ 11.8 billion for the Forbes magazine site. (Photo: 123RF)

Twitter CEO and co-founder Jack Dorsey will step down as CEO of the social network, financial news channel CNBC believes on Monday.

Asked by AFP, Twitter did not immediately follow up.

Since his return to the helm of the company in the blue bird in October 2015, the laid-back entrepreneur has been regularly criticized for not letting go of the reins of his other company, mobile payments specialist Square, to dedicate himself solely to Twitter.

Become a billionaire in 2013 with the IPO of Twitter, Jack Dorsey today stands at the head of a fortune estimated at $ 11.8 billion for the Forbes magazine site.

He had made a first term as general manager of Twitter between 2007 and 2008, finally dismissed by the board of directors, unhappy with his management.

The market reacted favorably to the information, unconfirmed, that the Twitter title took 4.16% in the first exchanges on Wall Street before the share price of the social network Twitter was suspended pending a announcement, Nasdaq Exchange announced.

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