Twitter appoints Parag Agrawal to its Board of Directors as CEO alongside Bret Taylor as Independent Board Chair

– US, CA –  Twitter, Inc. (NYSE: TWTR) today announced the appointment of CTO Parag Agrawal to its Board of Directors as CEO, effective immediately, succeeding founder Jack Dorsey who steps down as CEO but remains a Board member until 2022 AGM.

Concurrently, Bret Taylor has been named Independent Board Chair effective immediately, succeeding Patrick Pichette who will remain on the Board as chair of the Audit Committee.

Bret Taylor has significant leadership experience in the technology sector, overseeing strategy and technology development, and currently serves as the President and COO of Salesforce.

“I’ve decided to leave Twitter because I believe the company is ready to move on from its founders. My trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart, and soul. It’s his time to lead,” said Jack Dorsey.

“Parag understands Twitter and appreciates the Company’s unique potential. He has been instrumental in tackling our most important priorities, including accelerating our development velocity, and I know he’ll hit the ground running to strengthen execution and deliver results. The Board has the utmost confidence in Parag.” said Board Chair, Bret Taylor.

About Parag Agrawal

Parag Agrawal joined Twitter in 2011 and has served as Chief Technology Officer (CTO) since October 2017. As CTO, he has been responsible for the Company’s technical strategy, leading work to improve development velocity while advancing the state of Machine Learning across the company. Prior to being appointed CTO, Parag had risen to be Twitter’s first Distinguished Engineer due to his work across revenue and consumer engineering, including his impact on the re-acceleration of audience growth in 2016 and 2017.

“I want to thank the Board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership. I look forward to building on everything we have accomplished under Jack’s leadership and I am incredibly energized by the opportunities ahead. By continuing to improve our execution, we will deliver tremendous value for our customers and shareholders as we reshape the future of public conversation,” commented Parag Agrawal.

Parag holds a Ph.D. in Computer Science from Stanford University and a Bachelor’s Degree in Computer Science and Engineering from the Indian Institute of Technology, Bombay.

About Twitter, Inc.

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