Friday, June 12, 2015

Twitter CEO Dick Costolo steps down

Twitter Inc. CEO Dick Costolo will step down, and co-founder Jack Dorsey will return to the company as interim CEO, the company said. Shares of Twitter (NYSE: TWTR) leaped almost 8 percent in after-hours trading to $38.45, following tweets disclosing the changes from Twitter's investor relations handle at 1 p.m. Twitter's board of directors has begun a search for a new CEO, according to a regulatory filing that followed shortly after. At the same time, Costolo held an all-hands meeting at the company's…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/06/twitter-ceo-dick-costolo-steps-down.html?ana=RSS&s=article_search

http://memphissmbmedia.blogspot.com/2015/06/twitter-ceo-dick-costolo-steps-down.html from Memphis SMB Media

No comments:

Post a Comment