![]() “I want you to #LoveWhereYouWork,” Agrawal wrote, “and also love how we work together for the greatest possible impact.”ĭorsey’s strong endorsement of Agrawal also may hint that they see eye-to-eye on many of the company’s issues. ![]() Agrawal hinted in his memo at a commitment to making Twitter a place where its employees want to stay. The appeal to unity comes as many workers in the technology industry have grown more comfortable confronting their employers over a range of issues, including workplace culture, climate advocacy and corporate policies. “I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes.” In that respect, Agrawal’s ascent echoes a familiar Silicon Valley theme.Īs if to underscore the point, Agrawal made an appeal to his colleagues, telling them in his first memo as CEO: I’m one of you. Instead, the company showed it remains committed to leader-engineers - builders who are intimately familiar with their product. With Twitter’s growing focus on its revenue model, the company could have turned to someone with a background in business. The board’s decision to appoint him to the role was unanimous, Dorsey said in the memo. He’s curious, probing, rational, creative, demanding, self-aware, and humble. “Parag has been behind every critical decision that helped turn this company around. “He’s been my choice for some time given how deeply he understands the company and its needs,” Dorsey wrote in an internal memo shared on Twitter. As CTO, Agrawal also helped oversee Twitter’s fledgling cryptocurrency initiatives and its machine learning efforts. He holds computer science degrees from the Indian Institute of Technology, Bombay and Stanford University.Īs an engineer, Agrawal played a key role driving the “re-acceleration” of Twitter’s growth in 20, according to his company bio, a possible nod to why Agrawal may have been a top choice for the CEO position. He joined Twitter in 2011 as a software engineer and became the company’s CTO in 2017 - after prior stints at Microsoft and Yahoo during the 2000s. Though not a cofounder of Twitter like Dorsey, Agrawal is a decade-long veteran of the company. In a memo to employees Monday, Agrawal acknowledged that “the world is watching us right now.” Twitter’s potential impact on world events is not lost on Agrawal, who may now face a higher level of attention and scrutiny himself. And with good reason: A single tweet from a high-profile individual can roil markets around the world and an entire movement can spring up around a hashtag seemingly overnight. (FB) in terms of its user base, it’s often mentioned in the same breath and receives a similar level of scrutiny. Though Twitter may be a fraction of the size of rival Facebook As CEO, Dorsey was grilled on these and other issues on multiple occasions by members of Congress. Twitter also continues to face questions - and possible new regulations - over how tech platforms handle problems like hate speech and misinformation. … The next CEO will have to face the challenge of making good on those goals.” “The ad world is facing real challenges with the new targeting and privacy initiatives, and Twitter is experimenting with new revenue streams to augment its ads business and meet the aggressive revenue goals it set last February. “Twitter is in the midst of shaking up its business model,” said Jasmine Engberg, a senior analyst at the industry research firm eMarketer. The shakeup also comes as more tech platforms involved in digital marketing - Twitter’s key existing business - move to grant users more control over their personal data. Dorsey is handing over the reins at a critical time for Twitter: the company continues to experiment with ways to grow its paid business and user base after setting new growth targets last year while confronting an activist investor. ![]() Jack Dorsey is stepping down as CEO of TwitterĪgrawal will have his work cut out for him. and Square Inc., sits for a photograph following an Empowering Entrepreneurs event at Ryerson University in Toronto, Ontario, Canada, on Tuesday, April 2, 2019. Jack Dorsey, chief executive officer of Twitter Inc. ![]()
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