Business | Goodbye @jack, hello @paraga

Jack Dorsey goes Square—leaving Twitter at a time of his choosing

His successor will have his hands full

|SAN FRANCISCO

“THE COMPANY is ready to move on from its founders,” explained Jack Dorsey, chief executive of Twitter, a distributor of short messages, as he announced on November 29th that he would step down and hand the reins to the firm’s chief technology officer, Parag Agrawal. “About time,” was the grumpy reaction of more than one stockmarket analyst, many of whom had long criticised Mr Dorsey for spreading himself too thinly by running both Twitter and Square, a fast-growing fintech company where he will continue to serve as chief executive.

This article appeared in the Business section of the print edition under the headline “Exiting the Twittersphere”

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