by Sahil Patel
Twitter CEO Dick Costolo is stepping down on July 1. Co-founder and chairman Jack Dorsey will take over in the interim as the company searches for a new permanent replacement.
The news was shared by Costolo via his Twitter account (naturally). In a release, Twitter said Costolo won’t be completely leaving the company, as he will continue to serve on its board of directors.
Welcome back, @jack !! https://t.co/3papmyUKg0
— dick costolo (@dickc) June 11, 2015
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