Indian-origin technology executive Parag Agrawal has been appointed as the new CEO of Twitter after the social media giant’s co-founder Jack Dorsey stepped down on Monday.
Agrawal, an IIT Bombay and Stanford alumnus, said in a note posted on Twitter that he is “honored and humbled” on his appointment and expressed gratitude to Dorsey’s “continued mentorship and your friendship”.
Agrawal began his career with Microsoft Research before moving on to R&D roles at Yahoo and AT&T Labs. He joined Twitter as a software engineer in October 2011.
Bloomberg reported, “In that role, he worked on boosting audience growth and revenue and was named Twitter's first distinguished engineer, the company said. After being named CTO in 2017, he led the company's technical strategy including overseeing advancements in machine learning, according to Twitter's website.”
Agrawal said, “While it was a decade ago, those days feel like yesterday to me. I've walked in your shoes, I've seen the ups and downs, the challenges and obstacles, the wins and the mistakes. But then and now, above all else, I see Twitter's incredible impact, our continued progress and the exciting opportunities ahead of us.”
Agrawal noted, “Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together. We recently updated our strategy to hit ambitious goals, and I believe that strategy to be bold and right. But our critical challenge is how we work to execute against it and deliver results—that's how we'll make Twitter the best it can be for our customers, shareholders and for each of you.”
The world is watching right now, even more than they have before, he said.
“Lots of people are going to have lots of different views and opinions about today's news. It is because they care about Twitter and our future, and it's a signal that the work we do here matters,” Agrawal added.
(With PTI inputs)