While noting that his decision to resign from Twitter wasn’t an easy one, Dorsey said he was handling it over to Agrawal, who would succeed as the CEO of the micro-blogging site.

“He’s been my choice for some time given how deeply he understands the company and its needs,” Dorsey, 45, wrote, as he endorsed the appointment of Agrawal as his successor.

Get familiar with Parag Agrawal

From 2007 until now, Agrawal served as Twitter’s Chief Technology Officer (CTO). The Indian-born engineer was little known to the public, with even some Twitter insiders saying they were surprised by his appointment. But behind the scenes, he has been a Twitter veteran and confidant of Dorsey.

Agrawal’s relationship with Dorsey has afforded him the opportunity to be involved in many of the company’s biggest strategic initiatives.

Following his appointment as Dorsey’s successor at Twitter, Agrawal becomes the latest India-born executive to take over a major American technology company.

Accepting his new role in Twitter, Agrawal wrote the company’s staff in a mail that read: “I joined this company 10 years ago when there were fewer than 1,000 employees.

“I’ve walked in your shoes, I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes. But then and now, above all else, I see Twitter’s incredible impact, our continued progress, and the exciting opportunities ahead of us.”

Born in Mumbai, Agrawal studied computer science and engineering at the Indian Institute of Technology, an elite technical university. In 2005, he moved to the United States and enrolled at Stanford University to pursue a doctorate in computer science. There, he joined a research group focused on databases, which let computers store and mine large amounts of digital information.

The post Who’s Parag Agrawal, Jack Dorsey’s Successor At Twitter? appeared first on Business News in Nigeria.

Unmaskng.com understands that there were viral news reports that claimed Dorsey would step down from his role.

Confirming the reports, Dorsey wrote his staff and told them that he had served the company for nearly 16 years, and it’s time for him to step down from active participation in Twitter’s affairs.

While noting that he has worked hard to ensure that Twitter breaks away from its founding and founders, Dorsey said his resignation was influenced by its belief that a company like the micro-blogging site should be free of its founder’s influence or direction.

He, however, assured that he would be around for the smooth transition of power to Parag Agrawal, the company’s Chief Technology Officer (CTO), who succeeded him as Twitter CEO.

Jack Dorsey and his Twitter controversies

Dorsey, 45, co-founded Twitter in 2006 and posted the world’s first tweet that read -“Just setting up my twttr.”

He founded Square in 2009 after being pushed out of the top job at Twitter before returning as the CEO of the social media company in 2015.

Investors and some staff have questioned Dorsey’s management style and have worried that he is stretched too thin by his roles at both companies. In 2019 he announced plans to relocate to Africa for six months, a move that worried both staff and investors. Although, he scrapped the plan after the COVID-19 pandemic struck.

Dorsey also set off a political firestorm following Twitter’s decision to ban former President Donald Trump from the platform. He later defended the move as the “right decision” but said it also highlighted “a failure of ours, ultimately, to promote healthy conversation.”

His stakes in Twitter and Square have helped Dorsey amass a personal fortune of over $12 billion, according to Forbes.

The post Jack Dorsey: My Resignation From Twitter Is A Tough Decision appeared first on Business News in Nigeria.