Jack Dorsey to step down as Twitter CEO - CNBC

Twitter founder Jack Dorsey will step down as CEO of the company, CNBC reports , citing sources.

Who will take his position and when is unknown, writes the publication. The reason for the resignation is also unknown.

If Dorsey does leave, his successor will be forced to work within the aggressive goals that Twitter has set, CNBC notes: the company has said it plans to reach 315 million monetizable daily active users by the end of 2023, among other things.

On the news of Dorsey's resignation, Twitter shares jumped 11% at the opening of trading. However, then the growth slowed down: as of 18:15 Moscow time, securities are growing 3.42% to $48.68.

• Dorsey, the founder of Twitter, has served as the company's CEO twice. He served from 2007 to 2008, then he was removed, but in 2015 he returned to the post. Dorsey also holds a similar post at the payments company he founded, Square.