Twitter CEO and Board Chair Switch Places

We're entering a new phase now and there are new kinds of challenges ahead. Healthy companies acknowledge the need for change even during the best of times. As Twitter grows both internally and externally, we took a good look at our path forward and saw the need for a focused approach from a single leader.

While the board of directors and the company have nothing but praise for where Jack has taken us, we also agree that the best way forward is for Jack to step into the role Chairman, and for me to become CEO. Jack will remain on the board and be closely consulted for all strategic decisions, while I take on day-to-day operations with the support of Biz, Jason, Greg, and the rest of this impressive Twitter team.

Whether this was the result of investor pressure or a voluntary decision by Dorsey and Williams still isn't certain. At least on a superficial level, this makes sense. Williams was a more prominent "face" for the company anyway, whereas Dorsey tended to stay behind the scenes.