FIRST AIRED: June 2, 2016

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so when you think about it was just a matter of time under assault by investors for months twitter c. e. o. dick costolo resigns of course the company making the announcement , the outgoing c. e. o. also took to twitter riding welcome back at jack referring to cofounder jack dorsey who's taking on the role of c. e. o. until the twenty three billion dollar company finds a permanent replacement , an interesting choice , even up a temporary one says dorsey was pushed out a c. e. o. by his fellow cofounder evan williams back in two thousand eight and dorsey chairman of the board already has a job he runs digital payments company square which he started after leaving twitter , the stock has faced a rocky road since going public a year and a half ago cut nearly in half since , post i. p. o. peak , investors have complained about the company's inability to post faster subscriber growth and struggles to make more money off of the three hundred million monthly active users it already has , a lot of that blame has been laid it cost a little speech hostile steps down july first awful will remain a member of the board