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Dick Costolo quits as Twitter chief

Published 11/06/2015

Twitter chief executive Dick Costolo has quit the social network
Twitter chief executive Dick Costolo has quit the social network

The chief executive of Twitter has quit the social network.

Dick Costolo announced that he had decided to leave the California-based company at the beginning of July.

In a statement, he said: "I am tremendously proud of the Twitter team and all that the team has accomplished together during my six years with the company.

"We have great leaders who work well together and a clear strategy that informs our objectives and priorities."

He added: "I am deeply appreciative of the confidence the board, the management team and the employees have placed in me over the years, and I look forward to supporting Twitter however I can going forward."

Mr Costolo's departure comes just months after he admitted that Twitter "sucks" at dealing with abusive behaviour and content, which in the past has seen a host of high-profile users quit the social network over abuse they received.

He said at the time that he took personal responsibility.

Twitter's board of d irectors named Jack Dorsey, the site's co-founder and chairman, to serve as interim chief executive while a replacement is found.

Mr Costolo will continue to serve on Twitter's board of d irectors, the company said.

He said of his interim successor: " There is no-one better than Jack Dorsey to lead Twitter during this transition.

"He has a profound understanding of the product and Twitter's mission in the world as well as a great relationship with Twitter's leadership team."

Mr Dorsey said: "The future belongs to Twitter thanks in large part to Dick Costolo's dedication and vision. Dick has put a world-class team in place and created a great foundation from which Twitter can continue to change the world and grow."

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