Twitter CEO Jack Dorsey is expected to step down.
Dorsey is currently both CEO of Twitter and Square, his digital payments company. Twitter stakeholder Elliott Management had sought to replace Jack Dorsey as CEO in 2020 before the investment firm reached a deal with the company’s management. If true, it's unclear who's set to succeed Dorsey. Twitter stock jumped more than 11% on the news. Link
Update: Confirmed: Jack Dorsey stepped down as Twitter's CEO.
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