Twitter CEO Jack Dorsey is Resigning From Platform

Aidan McLaughlinNov 29th, 2021, 9:32 am
 

Marco Bello/Getty Images

Twitter CEO Jack Dorsey is resigning from the platform he co-founded, CNBC reported Monday. Dorsey confirmed his resignation in a tweet.

Sources told CNBC’s David Faber that Dorsey, a Twitter founder who now serves as its chief executive, is expected to announce he will be stepping down “in the near term.”

Faber said he did not have information on who will succeed Dorsey.

Dorsey is also founder and CEO of payments company Square.

On Sunday, Dorsey posted a tweet declaring his love for Twitter.

UPDATE: Dorsey confirmed his resignation from Twitter on Twitter:

This story is developing.

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Aidan McLaughlin - Editor in Chief

Aidan McLaughlin is the Editor in Chief of Mediaite. Send tips via email: aidan@mediaite.com. Ask for Signal. Follow him on Twitter: @aidnmclaughlin