Major re shuffling at twitter as Dorsey, a co-founder, will try to jump start the social network's growth and advertising business. Adam Bain, former chief of revenue and partnerships, has been named COO.
Twitter has officially returned to its roots. This morning the company introduced co-founder Jack Dorsey as its permanent CEO, removing the interim stamp he operated under for the last four months.
The move was announced with an SEC filing and a series of tweets from Dorsey, with his handle @jack who is also the CEO of mobile payments startup Square.
The company also named Adam Bain, chief of revenue and partnerships and reportedly another CEO candidate as Chief Operating Officer. Former CEO Dick Costolo, who stepped down on July 1, has left the company’s board of directors.
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