General

Twitter looks for a ‘full-time’ CEO

Author : NewsGram Desk
www.theverge.com

New York: In what could be read as a subtle message to co-founder Jack Dorsey, Twitter said that it is looking for a CEO with a "full-time commitment" to run the service.

The board has formed a search committee and hired executive search firm Spencer Stuart to find outgoing CEO Dick Costolo's replacement.
The board said it will be looking at candidates both inside and outside of Twitter and would take the time necessary to find the right person, CNET reported.

With Twitter chairman and co-founder Dorsey taking the reins as interim CEO on July 1, there is speculation that he could make the job title permanent.

But the wording of the board's statement could hint at Dorsey's other engagement as the CEO of mobile-payments start-up, 'Square'. Whether it suggests that Dorsey is not in contention or that he should drop his other gig is unclear.

Twitter is moving quickly after Chris Sacca, one of Twitter's earliest and biggest investors, said the handling of the CEO transition was "sloppy and confusing".

In response, Twitter said it was moving with a "sense of urgency".

Twitter's lead independent Director and Chairman of the search committee, Peter Currie ,was quoted as saying that the board has "utmost confidence" in Dorsey's ability to lead as they search for a new CEO.

(IANS)

Subscribe to our channels on YouTube and WhatsApp 

Jaya Bachchan’s Viral Death Stare at Paparazzi Sparks Fresh Debate on Celebrity Privacy

Mid-Cycle Mandate: India’s 2025 Bypolls Offer a Snapshot of India’s Changing Politics

Bihar Election Result LIVE : NDA Wins 2025 Bihar Assembly Election with Landslide Majority - the Alliance's Best Performance Since 2010

Netizens React to Bihar Assembly Results: From ‘Nitish Sabke Hai’ to ‘Winner is ₹10,000’ — Top 10 Bihar Election Memes

Kajol Backs Expiry-Date Idea for Marriage; Ajay Devgn Says ‘Love Has Lost Its Meaning’