Pro-Bitcoin Jack Dorsey Keeps His Position As Twitter CEO
Here’s the latest on the Jack Dorsey/Twitter CEO front….looks like Jack is keeping his position as CEO…
Pro-Bitcoin Jack Dorsey Keeps His Position As Twitter CEO Amid $2 Billion Buy-Back Deal
“At the end of February, reports informed that Elliott Management had become a sizeable stakeholder on Twitter. The hedge fund giant wanted to apply some changes to the popular social network, and one of them was to replace the acting Chief Executive Officer – Jack Dorsey.
Despite the rumors, earlier today, though, Elliott Management and Twitter Inc had reached an agreement that ultimately keeps Dorsey at his management position. As a part of the deal, the social media will have to add two new members to its board of directors.”