SAN FRANCISCO, CALIF. (WLNS) – Twitter announced Thursday that CEO Dick Costolo is stepping down on July 1.
Costolo has been with the company for the past six years. “I am tremendously proud of the Twitter team and all that the team has accomplished together during my six years with the company,” said Costolo.
An interim CEO has been named while Twitter’s Board of Directors searches for a permanent CEO. The interim CEO is Jack Dorsey. Dorsey is the current co-founder and chairman of the board.
Twitter was founded on March 21, 2006 and began as an idea from Jack Dorsey.