New Twitter CEO Parag Agrawal starts rebuilding as two executives step down
Recently, Twitter co-founder and CEO Jack Dorsey stepped down from his role. He selected CTO Parag Agrawal as new CEO, effective immediately. Agrawal, who joined Twitter as an engineer in 2011, currently reported a significant rearrangement of the organization today, per an internal email got by The Washington Post. Twitter affirmed the news to TechCrunch, also.
Up until now, two executives have stepped down as part of this rebuilding: Twitter’s Chief Design Officer Dantley Davis, who joined the organization in 2019, and Head of Engineering Michael Montano, who joined in 2011.
In August, The New York Times provided details regarding Davis’ “tough love” policy in the workplace, which organization authorities said may have gone excessively far on times. This conduct appeared to be in opposition to Twitter’s #LoveWhereYou Work and #OneTeam mottos, which underline “creating a culture that’s supportive, respectful, and a pretty cool vibe.”
“Dantley’s departure is singularly focused around shifting our organizational model around a structure that has one lead manager supporting a key company objective,” a Twitter spokesperson told TechCrunch. “We don’t have further details to share on these changes out of respect for the individuals involved.”
“Parag is focused on operational excellence and setting Twitter up to hit its goals; these changes were made with that in mind. For our teams working within the product and technology organizations, we’re moving to a General Manager model and having one person lead work that supports one of our key company objectives. This will allow us to operate more cross-functionally and enable faster, more informed decision-making,” the Twitter spokesperson added.
Recently, Dorsey was condemned and surprisingly sued by an investor over his double CEO jobs at Twitter and Square, the fintech monster that he additionally helped to establish. Twitter had been delayed to enhance, however for quite a bit of this current year, the stage has quickly added new highlights like its membership Twitter Blue help, Spaces sound rooms, Super Follows, Ticketed Spaces, crypto elements and the sky is the limit from there. Agrawal has communicated interest in proceeding to quit slacking at Twitter.
“We’ve recently updated our strategy to hit ambitious goals, and I believe that strategy to be bold and right,” Agrawal wrote in an email to staff on Monday, which he then tweeted. “But our critical challenge is how we work to execute against it and deliver results — that’s how we’ll make Twitter the best it can be for our customers, shareholders and each of you.”
For the two organizations that Dorsey helped to establish, it’s been seven days of huge change. Days after his declaration to venture down as Twitter CEO, Square reported it would rebrand to Block.