Published November 03, 2015
Dick Costolo will step down as CEO of Twitter after almost five years. It did not disclose a reason for his departure.
Twitter Inc. announced the move in a press release Thursday and Costolo also tweeted the news through his own account.
The San Francisco company says co-founder and Chairman Jack Dorsey, 38, will be its interim CEO while it looks for a replacement.
Costolo, 51, will stay on Twitter's board of directors. He has been a director since September 2009 and became CEO in October 2010.
https://www.foxnews.com/tech/dick-costolo-will-step-down-as-twitter-ceo-july-1