Parag Agarwal is New Twitter CEO

IIT Bombay alumni become the Twitter CEO, after Dorsey exit

Parag Agarwal, IIT Bombay alumni, and Chief Technology Officer will take over as CEO of the well-named social media platform Twitter after the departure of its Co-founder CEO Jack Dorsey.

According to the statement, Dorsey himself confirmed the transition after hours of raging speculation that he was being ousted by the Twitter board "I've decided to leave Twitter because I believe the company is ready to move on from its founders. The board ran a rigorous process considering all options and unanimously appointed Parag. He's been my choice for some time given how deeply he understands the company and its need " adding more he said, "Parag has been behind every critical decision that helped turn his 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."

As per the Statement, the new Twitter CEO Parag Agarwal expressed his gratitude and said, "deep gratitude for jack Dorsey and our entire team, and so much excitement for the future. Here's the note I sent to the company. Thank You all for your trust and support." He wrote.