New Twitter CEO Parag Agrawal is central to Jack Dorsey’s plans to revamp social media
In stepping down as Twitter CEO on Monday, Jack Dorsey is handing over the reins to a 37-year-old computer scientist with a PhD from Stanford who’s had a central role in developing the company’s artificial intelligence technology, all while staying largely out of public view. Parag Agrawal, who joined Twitter a decade ago and worked his way up to technology chief in 2017, will take over as CEO immediately, following Dorsey’s surprise resignation. Dorsey described his trust in Agrawal as “bone deep.”
“The board ran a rigorous process considering all options and unanimously appointed Parag,” Dorsey wrote, in an email to Twitter employees on Monday that he also shared via tweet. “He’s been my choice for some time given how deeply he understands the company and its needs.”
Agrawal has been Dorsey’s closest partner in considering the future of the Twitter platform, and the two have a shared vision for decentralizing social media, according to a former company executive, who asked not to be named to protect confidentiality.
In particular, Agrawal has been key in the creation of Project Bluesky, an open-source project that has tapped some notable crypto developers to build an open standard for social media. The aim is to create technology and protocols that would allow content posted on one service to work across multiple social networks, similar to how emails can be read using any provider.
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