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Jack Dorsey steps down from Twitter’s board amid Elon Musk’s deal

Jack Dorsey has resigned from Twitter’s board of directors, as Tesla CEO Elon Musk battles Twitter to reveal the true number of fake/spam accounts.

Dorsey stepped down as Twitter CEO in November of last year, passing the torch to Indian-origin Parag Agrawal, the company’s CTO at the time.

Dorsey would remain on the board “until his term expires at the 2022 meeting of stockholders,” according to Twitter at the time.

Dorsey has stated unequivocally that he will never be the CEO of Twitter again, despite reports of him rejoining the microblogging platform following Musk’s $44 billion takeover.

Dorsey, who now runs financial payments platform Block (previously Square), also stated that no one should be Twitter’s CEO.

Twitter’s board voted on Wednesday to fire board member and Musk ally Egon Durban, CEO of private equity firm Silver Lake Partners, according to TechCrunch.

During Tesla’s failed takeover attempt in 2018, Durban led Musk’s deal team.

Musk has halted the $44 billion Twitter deal due to the presence of fake/spammy accounts, and he wants the microblogging platform to reveal the true number of bots.

About the author

Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala.







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