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Monday, October 5, 2015

Twitter names Jack Dorsey as its permanent CEO Monday Oct 05,2015

 
Three months after he stepped in as Twitter’s interim CEO after Dick Costolo stepped down, Jack Dorsey has been named Twitter’s permanent CEO, according to a Securities and Exchange Commission (SEC) filing.

Jack Dorsey, who is currently also the CEO of mobile payments company Square, will do both jobs at once.
The SEC filing also revels that “there are no plans to provide Mr. Dorsey with direct compensation” for his role as Twitter’s chief executive.

Twitter’s former president of global revenue, Adam Bain, is being promoted to COO, while Costolo is stepping down from Twitter’s board

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