- Twitter founder
Jack Dorsey has resigned from his position as the Chief Executive Officer. - IIT-Bombay alumnus,
Parag Agrawal has been named as the CEO. - Prior to Twitter, Agrawal had stints at Microsoft, Yahoo and AT&T in research roles.
After finishing his Bachelor's in Computer Science, Agrawal completed his Doctor of Philosophy, majoring in computer science, according to his Linkedin profile.
Parag Agrawal has been with Twitter for just over a decade now and joined as a software engineer. Before taking over as CEO, he was the chief technology officer at the social media firm worth over $37 billion. At Twitter, Agrawal was responsible for the company’s technical strategy, and oversaw machine learning and AI across the consumer, revenue and science teams.
Before joining Twitter, Agrawal had stints at Microsoft, Yahoo and AT&T in research roles. Dorsey described him as curious, probing, rational, creative, demanding, self-aware and humble.
“The world is watching us right now, even more than they have before. Lots of people are going to have lots of different views and opinions about today’s news,” Agrawal said in a note he shared on Twitter right after the announcement from Dorsey.
The share price of Twitter jumped up nearly 5% after Dorsey decided to step down as CEO. The stock has multiplied over 2.5 times since its listing in 2016 but the last year has been tough. Twitter’s shares had lost over 10% of their value at a time when the tech stocks were in a dizzying rally on Wall Street.
From Sundar Pichai at Google’s parent Alphabet and Satya Nadella at Microsoft to Arvind Krishna leading IBM and Shantanu Narayen at Adobe, Parag Agrawal will be the latest in a long list of Indian-origin CEOs leading some of the world’s top tech companies.
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