Read all about it at the official Twitter blog.
The challenges of growing an organization so quickly are numerous. Growing big is not success, in itself. Success to us means meeting our potential as a profitable company that can retain its culture and user focus while having a positive impact on the world. This is no small task. I frequently reflect on the type of focus that is required from everyone at Twitter to get us there.
This led to a realization as we launched the new Twitter. I am most satisfied while pushing product direction. Building things is my passion, and I’ve never been more excited or optimistic about what we have to build.
This is why I have decided to ask our COO, Dick Costolo, to become Twitter’s CEO. Starting today, I’ll be completely focused on product strategy.
The post is written by former CEO Evan Williams (@ev). Unfortunately, neither Evan nor Dick (@dickc) appear to be very good at using Twitter themselves, at least in a real-time sense, as both are still showing their previous titles in their Twitter bios.
In your own time boys.