Twitter CEO, Evan Williams – No Longer, CEO – Now COO Dick Costolo

, Mon, Oct 4, 2010

Twitter CEO, Dick CostoloEvan Williams hast just released on the Twitter official blog that he will no longer stand as CEO and that COO Dick Costolo will take over.

It appears that Evan Williams, once CEO of Twitter will now focus more on product strategy according to a very recent blog post by the once CEO.

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.

You can read the blog post in full, or read below:

By all accounts Twitter is on a roll. We’ve redesigned our web site to great userfeedback. Our user and usage numbers are growing at a rapid clip all around the world. We’ve launched an early, but successful, monetization effort. And, many top engineers, product designers, sales people and other key folks have joined our quickly growing team.

In fact, there are 300 people working at Twitter today—compared to about 20 when I took the CEO job two years ago. Back then, people were creating about 1.25 million tweets a day—compared to 90 million today. In those same two years, we grew from 3 million registered users to more than 160 million today.

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.

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 compliment 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 RowghaniAdam BainMike AbbottKatie Stanton and Kevin Thau joined our leadership team this year and are having a big impact. Given Dick’s track record as a three-time successful CEO, I’m confident we can make this a smooth transition.

I’m extremely proud of how far Twitter has come in the last two years. And, I couldn’t be more excited about where our amazing team will take it next.

Further info coming as we know it.


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