Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.
Twitter stock jumped more than 11% on the news.
Dorsey currently serves as both the 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.
https://www.cnbc.com/2021/11/29/twitter-ceo-jack-dorsey-is-expected-to-step-down-sources-say.html
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