Twitter co-founder Jack Dorsey has left the company.

Mr Dorsey through a letter shared on Twitter announced that Parag Agrawal will be the new CEO.

Quick takes about the new CEO

1. Parag Agrawal has been with Twitter for the past decade. He joined Twitter as Distinguished Software Engineer and then became the chief technology officer.

2. As the CTO, Parag was responsible for “Twitter’s technical strategy and overseeing machine learning and AI across the consumer, revenue, and science teams”.

3. Before Twitter, Parag Agrawal worked with Microsoft, Yahoo and AT&T Labs.

4. Parag Agrawal studied B Tech in Computer Science and Engineering at IIT Bombay and completed his PhD from Stanford University.

5. Parag Agrawal has an estimated net worth of $1.52 million according to PeopleAI.

Parag Agrawal was leading Twitter’s Bluesky effort which was aimed at creating an open and decentralised standard for social media.

Parag Agrawal comes with a generous endorsement from Dorsey. “The board ran a rigorous process considering all options and unanimously appointed Parag. He’s been my choice for some time, given how deeply he understands the company and its needs. Parag has been behind every critical decision that helped turn this company around. He’s curious, probing, rational, creative, demanding, self-aware, and humble. He leads with heart and soul and is someone I learn from daily. My trust in him as our CEO is bone-deep,” Dorsey wrote in an email. 

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