Twitter CEO Costolo Stepping Down, Stock Jumps

By | June 11, 2015

Scalper1 News

Embattled Twitter (TWTR) CEO Dick Costolo is stepping down effective July 1, following criticism from investors about his leadership of the short-messaging service. Twitter said in a statement released after the market close Thursday that the company’s board has formed a search committee to find a permanent replacement CEO. The committee will retain an executive search firm to assist in the search. The committee, chaired by the board’s lead Scalper1 News

Scalper1 News