Tuesday, 6 October 2015

Twitter names Jack Dorsey as CEO

Jack Dorsey is Twitter's new CEO -- permanently.

                            Jack Dorsey, interim CEO of Twitter and CEO of Square, goes for a walk on the first day of the annual Allen and Co. media conference in Sun Valley

Jack Dorsey has said he wants Twitter "to exceed the world's expectations" for the US tech company as he was confirmed as its chief executive officer for a second stint.
Twitter's shares rose as much as 7% after the announcement, which ended months of speculation about who would take the top job at the microblogging service.
Mr Dorsey has been interim CEO to much acclaim since his predecessor, Dick Costolo, stepped down in July.
The company has confirmed to Sky News he will not be paid for the role.
Some investors say the 38-year-old boss is a more effective leader now than in 2008, when he was fired from his first stint as CEO.

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