Twitter CEO Jack Dorsey to Step Down, Parag Agrawal Named Successor
BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Business #Digital Dorsey, who co-founded the social networking site, will remain on the company's board of directors through his current term, then leave the company entirely in 2022. Twitter CEO and co-founder Jack Dorsey will step down as the tech company’s chief executive. Parag Agrawal, Twitter’s CTO, will succeed Dorsey as the company’s new CEO, effective immediately. Twitter announced the news Monday, with the company’s board unanimously approving of Agrawal as Dorsey’s replacement. Dorsey will remain on Twitter’s board of directors through his current term, which runs into 2022. Once his term ends, Dorsey told staff in…