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Jack Dorsey to Step Down as Twitter CEO, Report Says

Jack Dorsey to Step Down as Twitter CEO, Report Says

Twitter CEO Jack Dorsey is expected to step down as an executive at the company, a new report claims.

The 45-year-old billionaire, who co-founded the company, is both the CEO of Twitter and Square, his digital payments company.

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No official word has been released at this time, but sources reportedly confirmed the news to CNBC. Twitter stock jumped more than 11% when the news was released. So far, Twitter has declined to comment on this report. Stay tuned as we learn more and see if this news is true.

It has been a while since we’ve had news about Dorsey. When last we heard from him, he was seen on the beach with this stunning model.

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