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This is why I have decided to ask our COO, Dick Costolo, to become Twitterís CEO. Starting today, Iíll be completely focused on product strategy.
When I insisted on bringing Dick into the COO role a year ago, I got a lot of questions from my board. But I knew Dick would be a strong complement to me, and this has proven to be the case. During his year at Twitter, he has been a critical leader in devising and executing our revenue efforts, while simultaneously and effectively making the trains run on time in the office. Dick can be even more effective at this now because Ali Rowghani, Adam Bain, Mike Abbott, Katie Stanton and Kevin Thau joined our leadership team this year and are having a big impact. Given Dickís track record as a three-time successful CEO, Iím confident we can make this a smooth transition.
Starting today, Iíll be completely focused on product strategy.
Websites needing CEO's, still amazes me.
The truth is, right now, a few months after Williams wrote a blog post saying he would be "completely focused on product strategy," he is in fact hardly working for Twitter at all. Sources close to Twitter say that Williams isn't working on product and hardly ever shows up at Twitter's office.
He remains involved in the company at the board level, but that's about it. He sometimes chips in with PR, serving as a public face of the company.
Says a source: "He's gone, buddy."
Business Insider [businessinsider.com]