After a decade at the company, Parag Agrawal, aged 37, the current chief technology officer (CTO), has been appointed the new Twitter chief executive office (CEO) after co-founder Jack Dorsey resigned from the post. Parag has shot from relative obscurity as the platform's technology expert to becoming the latest India-born talent to lead a US tech giant. Notably, Parag has been a part of the most crucial projects that Twitter has lined up to improve its performance going forward, especially in terms of revenue, in which the company has lagged far behind other social media companies like Facebook, Snap and others. Dorsey has praised Agrawal to the skies in his own letter to employees that he tweeted and considers him to be the best man for the top job at Twitter. In his response, Parag Agrawal too mailed a letter to all employees in which he specifically thanked Dorsey for his support and outlined what he believed in and would be working for.
Thank you, Jack. I am honoured and humbled. And I'm grateful for your continued mentorship and your friendship. I'm grateful for the service that you built, the culture, soul, and purpose you fostered among us and for leading the company through really significant challenges. I am grateful for the trust you've put in me and for your continued partnership,
Team, most of all, I'm grateful for all of you, and it's you who inspire confidence in our future together. I joined this company 10 years ago when there were fewer than 1,000 employees. 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.
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. I want you to #LoveWhereYouWork and also love how we work together for the greatest possible impact.
I recognize that some of you know me well, some just a little, and some not at all. Let's consider ourselves at the beginning – the first step towards our future. I'm sure you have lots of questions and there's a lot for us to discuss. At the all-hands tomorrow we'll have lots of time for Q&A and discussion. It will be the beginning of ongoing open, direct conversations I wish for us to have together.
The world is watching right now, even more than they have before. 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. Let's show the world Twitter's full potential.
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