Twitter CEO Parag Agrawal and his predecessor Jack Dorsey
New Delhi:
Twitter’s new chief government Parag Agrawal has tweeted a photograph of him and his predecessor Jack Dorsey, on the day the social media large introduced it has appointed a brand new CEO. Mr Agrawal is the most recent India-born star tapped to move a significant US-based tech firm, following the likes of Google-parent Alphabet’s CEO Sundar Pichai and Microsoft CEO Satya Nadella.
He has been trending all through the day on social media, with many commending on the rise of Indian-origin professionals who’ve labored their means as much as success in huge worldwide firms.
“Thanks Jack,” Mr Agrawal tweeted. Within the photograph, each are seen smiling. Behind them are buildings and grounds that look like of a company campus.
#ThankYouJackpic.twitter.com/zDwtHXltg3
— Parag Agrawal (@paraga) November 30, 2021
The appointment of Mr Agrawal, a 10-year veteran of Twitter, signaled a tacit endorsement by the board of a method the corporate beforehand laid out to double its annual income by 2023, even when traders weren’t so certain.
Twitter shares surged practically 10 per cent after the announcement and closed down 2.7 per cent.
Mr Dorsey, who co-founded Twitter in 2006, is leaving after overseeing the launch of latest methods to create content material by means of newsletters or audio conversations whereas concurrently serving as CEO of his funds processing firm Sq. Inc. He additionally navigated the tumultuous years of US President Donald Trump’s administration earlier than banning the Republican from the platform after the January 6 assault on the US Capitol.
In an e mail to workers on Monday, Mr Dorsey mentioned he selected to step down because of the energy of Mr Agrawal’s management, the naming of Salesforce Chief Working Officer Bret Taylor as the brand new chairman of the board and his confidence within the “ambition and potential” of Twitter’s workers.
Mr Agrawal began out as Twitter’s expertise skilled to changing into the most recent India-born expertise to guide a US tech large. In contrast to his predecessor, Mr Agrawal loved till Monday a way more low-profile function on the firm, with solely about 24,000 followers on the platform, in comparison with Mr Dorsey’s virtually six million.