Jack Dorsey To Step Down As CEO Of Twitter

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One of the most famous CEOs in the world is about to step down, according to reports.

Jack Dorsey, CEO of social networking site Twitter, is stepping down from his duties.

Twitter stakeholder Elliott Management had sought to replace Jack Dorsey as CEO last year, and has previously called for him to step down.

It’s unclear who’s set to succeed Dorsey, but upon the news breaking, Twitter shares have already increased by 11%.

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