Twitter co-founder steps down as CEO: ‘It’s finally time for me to leave’

Twitter co-founder Jack Dorsey, the most public-facing executive at the social media giant, is stepping down as chief executive (thanks, BBC). Twitter’s current chief technical officer, Parag Agrawal, will become the new chief executive.

“It’s finally time for me to leave,” Dorsey wrote in a statement, adding that Twitter is “ready to move on.” Agrawal becomes CEO immediately, while Dorsey will finish his current term on the board (which he says will last till “May-ish”) and then leave the company entirely.

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