Williams to become CEO and Dorsey to Become Chairman, Reversing their roles.
This is from WOMMA .....
Jack Dorsey and Evan Williams, the co-founders of Twitter, have decided to switch company roles. Dorsey, the current CEO of Twitter, will become the Chairman.
Williams, the current Chairman, slides into place as the new CEO. Said Fred Wilson from the Twitter Board of Directors, " 'We all think Ev is a better fit to lead the company from a product perspective, an operations perspective, and a business standpoint.' "
The news was greeted somewhat quizzically by the New York Times' Bits Blog, which pointed out that Twitter has become somewhat of a stable enterprise, especially after its highly successful weeks of presidential debate coverage.
Bits suggests that perhaps this shakeup is a way to start Twitter on a path to generating revenue.
