Jack Dorsey Appointed Twitter Interim CEO as Dick Costolo Steps Down

by Matt Southern
Twitter announced this afternoon that Dick Costolo will be stepping down as CEO, to be replaced in the interim by co-founder Jack Dorsey effective July 1. In light of this news, Twitter’s stock price immediately rose 7% in after-hours trading. At the time of this writing TWTR is currently fluctuating between 5% and 6%.Read the full article