Parag Agrawal: IIT-Bombay alumnus Parag Agrawal is Twitter CEO after Dorsey exit | International Business News

WASHINGTON: Yet one more main international tech firm shall be headed by an govt of Indian-origin. Parag Agrawal, an IIT Bombay alumnus and chief know-how officer of Twitter will take over as CEO of the social media platform instantly following the departure of its co-founder CEO Jack Dorsey.
Dorsey himself confirmed the transition after hours of raging hypothesis that he was being ousted by the Twitter board. “I’ve determined to depart Twitter as a result of I imagine the corporate is able to transfer on from its founders….The board ran a rigorous course of contemplating all choices and unanimously appointed Parag. He is been my alternative for a while given how deeply he understands the corporate and its wants,” he stated in a message to Twitter employees.

“Parag has been behind each vital choice that helped flip this firm round. He is curious, probing, rational, artistic, demanding, self-aware, and humble. He leads with coronary heart and soul, and is somebody I be taught from day by day. My belief in him as our CEO is bone deep,” he added.

Agrawal, who graduated from IIT Mumbai earlier than incomes a PhD in Laptop Science from Stanford College, has labored in Microsoft, Yahoo, and AT&T labs earlier than becoming a member of Twitter in 2011.

Together with his elevation as CEO, greater than half dozen international tech majors now have Indian-Individuals on the helm, together with Google’s Sundar Pichai, Microsoft’s Satya Nadella, IBM’s Arving Krishna, and Adobe Shantanu Narayen.
Dorsey heartily endorsed Agrawal in a farewell message to Twitter employees which additionally defined his exit. “There’s a number of discuss concerning the significance of an organization being “founder-led.” In the end I imagine that is severely limiting and a single level of failure. I’ve labored exhausting to make sure this firm can break free from its founding and founders,” he defined.

“Parag began right here as an engineer who cared deeply about our work and now he is our CEO (I additionally had the same path…he did it higher!). This alone makes me proud. I do know that Parag will be capable of channel this vitality greatest as a result of he is lived it and is aware of what it takes,” Dorsey stated.
A school drop-out who co-founded Twitter in 2005, Dorsey remained controversial throughout his two stints as CEO, together with in India the place he bumped into bother throughout a 2018 go to when he held up a placard exhibiting a lady holding an indication that learn “Smash Brahminical Patriarchy” angering some Indian activists who accused him of inciting hatred towards the neighborhood.
Twitter India stated the poster was handed to Dorsey by a Dalit activist when it hosted a closed-door dialogue with a bunch of ladies and it was a “tangible reflection of our firm’s efforts to see, hear, and perceive all sides of necessary public conversations that occur on our service world wide.”

The corporate later apologised via Vijaya Gadde the corporate’s authorized head who was additionally within the combine to go Twitter after Dorsey’s exit, who stated the poster “is just not reflective of our views.”
“We should always have been extra considerate. Twitter strives to be an neutral platform for all. We failed to do this right here & we should do higher to serve our clients in India,” she defined.
The social media platform attracts ire from all quarters and all comers — from left liberals who believes it typically folds to strain from authoritarian governments and leaders and from the conservatives on the proper who imagine liberals have a run of the platform whereas they’re being censored.
Hypothesis about Dorsey’s exit or ouster had raged for months amid reviews of variations with different board members. In his farewell message, Dorsey stated “Parag is CEO beginning at this time” whereas disclosing that he (Dorsey) was going to serve on the board via my time period (Could-ish) to assist Parag and Bret (the brand new Board chair) with the transition.”
“And after that…I will go away the board. Why not keep or change into chair? I imagine it is actually necessary to offer Parag the area he wants to guide. And again to my earlier level, I imagine it is important an organization can stand by itself, freed from its founder’s affect or path,” Dorsey concluded.