Dick Costolo, who helped turn the start-up Twitter to go global, is stepping down amid criticism over the company’s disappointing financial performance and a recent stock slide. Jack Dorsey, a co-founder who served as CEO during Twitter’s early years, will make a come back while the San Francisco company looks for a permanent replacement.
Both men departure and arrival will be effective from July 1. .Dorsey is said to have been eying a return to the top spot at Twitter ever since he left the post of CEO.
About Twitter:
- Twitter is an online social networking service that enables users to send and read short 140-character messages called “tweets”.
- Created: March 2006
- Created by whom: Jack dorsey
- headquarters: San Francisco, California
- CEO: Dick Costolo
- Dick will resign w.e.f 1st july 2015
