Parag Agarwal replaces Jack Dorsey as the CEO, Twitter
By MYBRANDBOOK
We have seen the success of the global technology giants like Google, Microsoft, Adobe, IBM, Palo Alto Networks, and now the most popular Twitter also run by CEOs who grew up in India.
It really felt proud to see the amazing success of Indians in the technology world after Indian-American Parag Agrawal was appointed as the new CEO of Twitter and a good reminder of the opportunity America offers to immigrants.
Twitter’s co-founder and CEO Jack Dorsey has stepped down, paving way for another Indian tech wizard to be at the helm of one of the world’s tech giants. Parag Agrawal, Twitter’s Chief Technology Officer has been promoted as its new Chief Executive Officer with immediate effect.
Dorsey said, “I've decided to leave Twitter because I believe the company is ready to move on from its founders. My trust in Parag as Twitter's CEO is deep. His work over the past 10 years has been transformational. I'm deeply grateful for his skill, heart, and soul. It's his time to lead.”
Parag Agrawal, CEO, Twitter wrote in an e-mail to outgoing CEO Jack Dorsey said, "I'm grateful for your continued mentorship and your friendship." He added, "I'm grateful for the service you built, the culture, soul, purpose you fostered among us and for leading [Twitter] through really significant challenges. I'm grateful for the trust you've put in me...for your continued partnership."
Parag ,a IIT Bombay graduate in Computer Science, who went on to do his PhD from Stanford University. Agrawal completed his doctorate in philosophy, majoring in computer science.
Parag Agrawal has been with Twitter for just over a decade now and joined as a software engineer. Before taking over as CEO, he was the chief technology officer at the social media firm worth over $37 billion.
At Twitter, Agrawal was responsible for the company’s technical strategy, and oversaw machine learning and AI across the consumer, revenue and science teams.
Before joining Twitter, Agrawal had stints at Microsoft, Yahoo and AT&T in research roles. Dorsey described him as curious, probing, rational, creative, demanding, self-aware and humble. He was also in-charge of the Bluesky vision of Twitter for an open and decentralised social media.
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,” added Jack Dorsey in the email.
The share price of Twitter jumped up nearly 5% after Dorsey decided to step down as CEO.
From Sundar Pichai at Google’s parent Alphabet and Satya Nadella at Microsoft to Arvind Krishna leading IBM and Shantanu Narayen at Adobe, Parag Agrawal will be the latest in a long list of Indian-origin CEOs leading some of the world’s top tech companies.
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