New York, November 29: Indian-origin technology executive Parag Agrawal has been appointed as the new CEO of Twitter after the social media giant's co-founder Jack Dorsey stepped down on Monday.

In a message posted on Twitter, Dorsey said: “After almost 16 years of having a role at our company… from co-founder to CEO to Chair to Exec Chair to interim-CEO to CEO… I decided it's finally time for me to leave. Why?

“There's a lot of talk about the importance of a company being "founder-led".

Agrawal said in a note posted on Twitter that he is “honored and humbled” on his appointment and expressed gratitude to Dorsey's “continued mentorship and your friendship.” CTO Parag Agrawal Replaces Jack Dorsey as CEO of Twitter.

An IIT Bombay and Stanford alumnus, Agrawal joined Twitter 10 years ago when there were fewer than 1,000 employees.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

New York, November 29: Indian-origin technology executive Parag Agrawal has been appointed as the new CEO of Twitter after the social media giant's co-founder Jack Dorsey stepped down on Monday.

In a message posted on Twitter, Dorsey said: “After almost 16 years of having a role at our company… from co-founder to CEO to Chair to Exec Chair to interim-CEO to CEO… I decided it's finally time for me to leave. Why?

“There's a lot of talk about the importance of a company being "founder-led".

Agrawal said in a note posted on Twitter that he is “honored and humbled” on his appointment and expressed gratitude to Dorsey's “continued mentorship and your friendship.” CTO Parag Agrawal Replaces Jack Dorsey as CEO of Twitter.

An IIT Bombay and Stanford alumnus, Agrawal joined Twitter 10 years ago when there were fewer than 1,000 employees.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)