After the resignation of Dick Costolo, former CEO Twitter , handed the President a month Jack Dorsey. When asked by journalists whether the position is permanent, declined to comment.
About the changes in the government worth 30 billion dollars. the company did not learn about the Twitter . Information published as a post on the official blog site and circulated to the media press release. On the occasion informed that Costolo will remain a member of the board of directors.
Message immediately combined with the company’s results for the first quarter. 2015. Twitter reported then net loss of over 162 million dollars. According to commentators, however, was not a decisive factor.
– In addition to Dorsey and Evan Williams, Costolo de facto was one of the CEOs who played an important role in the history of the company – each of them at different times the development of this Service – is considered one of them, Bartek Pucek. – merit Costolo is that during his five-year tenure Twitter went public, and the subsequent increase in the value of the company’s $ 3 billion. to $ 23 billion. – adds. As noted in November 2013. After the debut of the company on the stock market investors’ expectations constantly rising. Meanwhile, the company swept stagnant.
When Williams Dorsey founded Twitter in 2006. microblog quickly gained in popularity. It was often used as the fastest way to chat and share information particularly in the media and environments familiar with new technologies.
However, do not attract users so that they could earn well. – Twitter has a problem in recruiting and stopping the user. Many people can not use it. It is estimated that there are approx. 1 billion – says Pucek. In his view it, as well as competition from other social media, ie for example. Facebook and SnapChata, makes the company needs a new strategy.
The key to Twitter is to acquire specialist, and it will be difficult for several reasons. After the first three of the eight members of the supervisory board they are been CEO of Twitter. Rather, it would be hard work to someone new in such circumstances – explains Pucek.
In addition, in his opinion CEO of Twitter must be credible for WallStreet advertising customers and software developers. Typically, this appointed president of the company receives the financial markets a month to control the situation, and Twitter, to create a new strategy, needs at least a quarter.
This is not the only change in the world Media , which shocked financial markets on the other side of the ocean.
While in the case of Twitter exchange management has a strategic nature about so much elsewhere reasons are generational.
Rupert Murdoch, who heads the media group 21st Century Fox (created from separating in 2013. With News Corporation’s film and television production), decided to take care of succession in the enterprise built over the years.
In the face of the imminent departure of the former President, Chase Carey, Murdoch anointed as his successor his younger son, James. Senior family will remain on the board of the company together with an older son, Lachlan. In addition, Murdoch father will retain impact on the daily management of the company.
James Murdoch is no stranger to the world of the media. It was he who led the British arm of News Corporation company when, in 2011. Wiretaps scandal broke. Later he was transferred to a managerial position at Fox to New York.
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