Twitter COO Dick Costolo Takes Over As CEO [Breaking News]

Dick Costolo - New Twitter CEOTwitter COO Dick Costolo has been given the reigns of the company, taking over the position of CEO from site co-founder Evan Williams.

Williams writes of the decision:

The challenges of growing an organization so quickly are numerous. Growing big is not success, in itself. Success to us means meeting our potential as a profitable company that can retain its culture and user focus while having a positive impact on the world. This is no small task. I frequently reflect on the type of focus that is required from everyone at Twitter to get us there.

This led to a realization as we launched the new Twitter. I am most satisfied while pushing product direction. Building things is my passion, and I’ve never been more excited or optimistic about what we have to build.

This is why I have decided to ask our COO, Dick Costolo, to become Twitter’s CEO. Starting today, I’ll be completely focused on product strategy.

See Also
AI Content Theft

More on this breaking story as we gain further information about the switch.

Funny enough, just as I read his post I tried to log into Twitter and had five minutes of fail whales…so far, not so good.

Picture of James Johnson

James Johnson

RECENT ARTICLES

TRENDING AROUND THE WEB

7 signs you’re in a relationship with someone who lacks emotional depth

7 signs you’re in a relationship with someone who lacks emotional depth

Baseline

10 personality traits of men who show true loyalty in a relationship

10 personality traits of men who show true loyalty in a relationship

Global English Editing

10 signs you’re giving way too much and your partner is taking advantage of it

10 signs you’re giving way too much and your partner is taking advantage of it

Small Business Bonfire

4 zodiac signs who are definitely on the right path in life

4 zodiac signs who are definitely on the right path in life

Baseline

7 clever ways to show a master manipulator you won’t play their games

7 clever ways to show a master manipulator you won’t play their games

Small Business Bonfire

10 subtle signs you are actually an extremely likable person

10 subtle signs you are actually an extremely likable person

Global English Editing