Dick Costolo, Twitter’s Embattled Chief Executive, to Resign
Dick Costolo, Twitter’s embattled chief executive, is stepping down, the company said Thursday.
Jack Dorsey, the company’s co-founder and chairman, will serve as interim chief executive while the board searches for a permanent successor.
Since Twitter’s debut as a public company in 2013, Mr. Costolo has repeatedly disappointed Wall Street as the company struggled to attract new users, refine its products and develop new forms of advertising.
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http://www.nytimes.com/2015/06/12/technology/dick-costolo-twitter-ceo-jack-dorsey.html?emc=edit_na_20150611

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