A report from CNBC on Monday claims that Twitter CEO Jack Dorsey will step down from his role at the company.
It’s unclear who’s set to succeed Dorsey or the timing of a potential announcement. It’s also unknown why Dorsey, 45, would take a step back. But if he steps down, the next CEO will have to meet Twitter’s aggressive internal goals. The company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue in that year.
Update: Mr. Dorsey has confirmed the rumor and announced his resignation.
Check It Out: Rumor: Jack Dorsey to Leave Current Role as Twitter CEO