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Monday, 04 October 2010 20:47

Breaking: Twitter COO Dick Costolo Takes Over As CEO From Evan Williams

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Twitter COO Dick Costolo has just taken over as CEO of Twitter from current CEO and co-founder Evan Williams, Twitter confirmed today.

In a post on the matter, Williams writes the

following:

The challenges of growing an organization so quickly are numerous. Growing big is not success, in itself. Success to us means meeting our potential as a profitable company that can retain its culture and user focus while having a positive impact on the world. This is no small task. I frequently reflect on the type of focus that is required from everyone at Twitter to get us there.

This led to a realization as we launched the new Twitter. I am most satisfied while pushing product direction. Building things is my passion, and I’ve never been more excited or optimistic about what we have to build.

This is why I have decided to ask our COO, Dick Costolo, to become Twitter’s CEO. Starting today, I’ll be completely focused on product strategy.

It was only a little over a year ago that Costolo joined Twitter as COO. Previously, he had been at Google after the search giant bought his company FeedBurner back in 2007. While he clearly didn’t need the money, Costolo noted that he was joining Twitter because he thought the company had the opportunity to become one of the big world-changing companies. Now he’ll get a chance to lead it.


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Authors: MG Siegler

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