Twitter co-founder Ev Williams to step down from the company’s board – TechCrunch


Ev Williams, a co-founder of Twitter and the social media business’s former chief executive officer, is stepping down from its board of directors effective at the end of the month, according to documents submitted to the U.S. Securities and Exchange Commission on Friday, first reported by CNBC.

“I’m very lucky to have served on the board for 12 years (ever since there was a board),” he wrote. “It’s been overwhelmingly interesting, educational—and, at times, challenging… Thank you, and for starting this crazy company with me—and continuing to make it better and better. And to my fellow board members, new and old—some of the most thoughtful people I’ve ever known.”

Williams, the founder and CEO of online publishing platform Medium and co-founder and partner at Obvious Ventures, served as Twitter’s chief executive from 2008 to 2010 following Jack Dorsey’s, Twitter’s current CEO, original stint as CEO. Williams was succeeded by Dick Costolo, who after a five-year stint at the helm, relinquished the throne back to Dorsey.

Twitter’s board of directors includes Bret Taylor, president and chief product officer at Salesforce; Debra Lee, president and CEO of BET Networks; and executive chairman Omid Kordestani.

Twitter’s stock closed up 3 percent Friday, trading at nearly $32 a piece for a market cap of north of $24 billion.


Like it? Share with your friends!

880
22172 shares, 880 points

What's Your Reaction?

Fake Fake
0
Fake
Epic Epic
0
Epic
Dislike
0
Dislike
Like Like
0
Like

Comments 0

Your email address will not be published. Required fields are marked *

Twitter co-founder Ev Williams to step down from the company’s board – TechCrunch

MainStreet Econ

Join the MSE Community

reset password

Back to
MainStreet Econ
Choose A Format
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Open List
Open List
Ranked List
Ranked List
Video
Youtube, Vimeo or Vine Embeds
Image
Photo or GIF
Gif
GIF format

Send this to a friend