Dick Costolo stepping down as Twitter CEO on July 1

Twitter CEO Dick Costolo has confirmed he will be stepping down effective July 1. Costolo has been heading up the social micro-blogging service since 2010.

Twitter CEO Dick Costolo has headed the company since being appointed back in 2010. The executive has opted to step down amidst Wall Street losing faith in both Costolo and Twitter’s future growth.

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Source: iMore

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