Twitter Co-Founder Jack Dorsey Served Twice as CEO... Close Ties with Musk
Dorsey "Will Never Be CEO Again... No One Should Own Twitter"

Elon Musk, CEO of Tesla, who acquired Twitter. Photo by Reuters

Elon Musk, CEO of Tesla, who acquired Twitter. Photo by Reuters

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[Asia Economy Reporter Kim Sung-wook] Elon Musk, CEO of Tesla, announced that he will select a new CEO for Twitter, but Jack Dorsey, Twitter co-founder who was considered a candidate, drew a line by stating that there is no possibility of his return.


On the 17th (local time), when a user asked Dorsey on Twitter, "Will you accept the CEO position?" he immediately replied, "No." Dorsey developed Twitter in 2006 while working at Odeo with his friend Florian Weber. When Twitter split off from Odeo in 2007, he served as CEO until 2008 but was fired due to poor work attitude and other reasons. He returned to Twitter in 2015 and served as CEO until November last year.


Dorsey, known to have a close relationship with Musk, was mentioned as a CEO candidate since Musk's Twitter acquisition became imminent. However, he denied the rumors of his return each time. In May, Dorsey tweeted in response to "Musk will ask Dorsey to become Twitter CEO," saying, "I will never be CEO again." Also, when Musk recently laid off about half of Twitter's employees, Dorsey said, "I know many people are angry with me," and added, "I grew Twitter too fast, and I apologize for that."


Dorsey shows the view that the management style of a CEO leading a social networking service (SNS) like Twitter itself needs change. When news of Musk's Twitter acquisition broke in April, he said, "Twitter as a company has always been my only problem and biggest regret," and added, "Musk's acquisition is the right first step to reclaim Twitter on Wall Street." He also emphasized, "In principle, no one should own or operate Twitter. I hope it becomes a public good, not a corporation."



Earlier, Musk stated in court testimony that he plans to gradually reduce the time he devotes to managing Twitter by appointing a new Twitter CEO. At a trial on Tesla's compensation package held on the 16th at the Delaware Chancery Court, he said, "Recently, most of my working hours have been devoted to Twitter, but that time will gradually decrease," and added, "Instead, I will find someone to take over and operate it." He also explained that the 'fundamental organizational restructuring' of Twitter, which is undergoing a large-scale reorganization, will be completed soon.


This content was produced with the assistance of AI translation services.

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