Twitter (TWTR) CEO Dick Costolo Stepping Down

June 11, 2015 8:32 PM

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Twitter (TWTR) CEO Dick Costolo Stepping Down

Dick Costolo is set to step down from his position as Twitter's CEO effective July 1, the company announced today.

Jack Dorsey, co-founder of the micro-blogging platform, will serve as interim CEO while also maintaining his position as CEO of Square, the payments company he co-founded in 2009. Costolo will remain on Twitter's board of directors.

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