Two days back New York Times carried out an impressive profile of Twitter CEO, Dick Costolo where they mentioned how he’s the one steering the rocket at Twitter.
It reported that Dick Costolo was instrumental in bringing back Twitter’s co-founder Jack Dorsey in 2011 after he had stepped down in 2008.
But since then, Jack’s role has been significantly reduced and nobody reports to him any more. Explaining the reason for this, NY Times says:
Mr. Dorsey’s role has since been reduced after employees complained that he was difficult to work with and repeatedly changed his mind about product directions. He no longer has anyone directly reporting to him, although he is still involved in strategic decisions.
But in a Tumblr post published today, Jack Dorsey refutes those claims and says that he trimmed his role at Twitter because he wanted to focus more Square, his second venture where he is the CEO.
In Spring of 2011, Dick asked me to take an operational role overseeing product, design, and brand. Our shared goal was to get those organizations back under him as soon as possible, simply because it was the right thing to do for the company. We moved all of my reports back under him in January of this year after leadership was firmly in place. This allowed me to focus on refining our brand and logo, to work more with Dick and the leadership team on our direction forward, and ultimately return the majority of my time to Square, where I’m CEO.
While he mentions how tough it is to be handling two ‘mission-driven’ organizations, he will do his best to make them thrive.
Featured image: TCDisrupt