Indian Parag Agrawal is the new Twitter boss after Jack Dorsey immediately resigned

Twitter has announced the appointment of Paraj Agrawal, chief technology company officer since 2017, as the new CEO, effective immediately, with Brett Taylor becoming the new chairman of the board.

Brett Taylor, Twitter’s new board chairman, said: “Jack is back on Twitter and revolutionized the company. in a critical moment. Jack has given the world something priceless and we will continue to carry it forward. “

Shares in the company were up 10%, in trading pre-market, and more than 4% during the session, which saw the trading interrupted in expected disclosure shortly after the news of the spread reduction on CNBC.

Elliott Management, which owns a 4% stake in Twitter expressed concern not only about Dorsey’s role in Square, but also for his leadership style and plans to spend at least six months in Africa exploring opportunities in cryptocurrency, and the trip was later called out.

Parag Agrawal, born in India, he has worked with Twitter for the past decade, joining the company as a distinguished engineer of the software and then becoming a chief technology officer.

As Chief Technology Officer, Parag was responsible for Twitter’s “technology strategy and overseeing machine learning and artificial intelligence in team Consumer, Revenue and Science.

Prior to Twitter, Paraj Agrawal worked with Microsoft, Yahoo and AT&T Labs.

Agrawal holds a Bachelor’s degree of Technology in Computer Science and Engineering from IIT Bombay and completed his PhD from Stanford University.

Agrawal’s net worth is $ 1.52 million according to PeopleAI.

Brett Taylor is a programmer from computer and American entrepreneur who co-created Google Maps and the Google Maps API (Google Maps).

Taylor left Google in June 2007 to join the company venture capital Benchmark Capital as a resident entrepreneur, where he and former Google employee Jim Norris created the social network FriendFeed, according to Wikipedia.

Taylor served as FriendFeed’s CEO until August 2009, when the company was acquired by Facebook for an estimated $ 50 million.

He was also chief technology officer of Facebook until the summer of 2012, when he left to start his own company.

Taylor studied at Stanford University, where he earned a bachelor’s degree in 2002 and a master’s degree in 2003 in Informatics.

On June 15, 2012, Taylor announced his plans to leave Facebook to start a new company and on July 30, 2013, Quip (a software) announced him as founder.

On July 5, 2016, Twitter announced Taylor’s appointment to its board of directors.

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