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Twitter CEO Jack Dorsey ‘to step down’, according to reports

Published 14:44 29 Nov 2021 GMT

Updated 16:21 29 Nov 2021 GMT

Steve Hopkins
Twitter CEO Jack Dorsey ‘to step down’, according to reports

Homenews

In his last tweet on Sunday, Dorsey wrote 'I love Twitter'

Twitter CEO Jack Dorsey is expected to step down from his role, according to reports. CNBC reported the news Monday, saying a source had told its financial journalist and market news analyst, David Faber. The broadcaster noted that the social network's stock jumped more than 11 per cent on the news. Dorsey currently serves as both the CEO of Twitter and Square, his digital payments company. In 2020, Twitter stakeholder Elliott Management had sought to replace Dorsey as CEO before it reached a deal with the company’s management. Twitter is yet to comment on the claim. In his last tweet, on Sunday, Dorsey had said: "I love twitter". https://twitter.com/jack/status/1464865985471471616 This is a breaking news story. More to follow.  Related links:

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Twitter CEO Jack Dorsey 'to step down', according to reports