Twitter has officially named Jack Dorsey, one of the social media network’s co-founders, its permanent CEO. He had been interim CEO since June, after Dick Costolo stepped down.
In addition to the announcement to investors, Dorsey also announced the news on Twitter (of course). He said that he will remain the CEO of Square, an electronics payment company Dorsey co-founded in 2009. He also said that Adam Bain will be named Twitter’s chief operating officer.
Dorsey’s appointment comes as Twitter is struggling to move forward and innovate after going public. The company has made several small changes in recent months, but nothing that has been considered too innovative. Re/code did report last week that the company was considering changing the 140-character limit for posts.
Dorsey did send out several messages this morning to ease concerns that Twitter isn’t going in the right direction.
Twitter is the most powerful communications tool of our time. It shows everything the world is saying rn…10-15 minutes before anything else.
— Jack (@jack) October 5, 2015
Our work forward is to make Twitter easy to understand by anyone in the world, and give more utility to the people who love to use it daily!
— Jack (@jack) October 5, 2015
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