The future of Jack Dorsey, CEO of Twitter, becomes employee contact list increasingly uncertain. It appears that Elliott Management – the activist fund with a 4% stake in employee contact list the social network – wants to remove the platform's co-founder and CEO. In fact, according to The Wall Street employee contact list Journal , the fund owned by Paul Singer has already nominated four directors to get rid of Dorsey as soon as employee contact list possible. Even so, the names of the candidates to replace the technology tycoon have not been revealed.
The numbers indicate that Elliott is employee contact list among the 10 main shareholders of Twitter , even above the CEO who still has a 2% stake, valued at 500 million dollars, which does not allow him to have voting control over the company he created. . It seems that, as reported by Bloomberg , Elliot met last week with employee contact list Twitter executives, without Dorsey, to talk and discuss the future of the co-founder, who also employee contact list holds the position of director and co-founder of Square, a financial services company employee contact list from 36,000 million dollars. Apparently, among Dorsey's plans for this year is traveling from 3 to 6 months to Africa , something that investors have not liked.
One of those who gave his opinion at the employee contact list end of last year, says the media, was Scott Galloway - professor of marketing at the New York University Stern School of Business. He did it through a letter in which he assured that his main objective was to replace Jack Dorsey : "The massive employee contact list consolidation weapons of his company include a staggered board that can force shareholders to seek to replace other employee contact list directors," he pointed out. he. The figures handled by Twitter may be one of the reasons for wanting to change the captain of the ship in order to change course.