3 ms·
They got 3 seats on the board and agreed to create a committee literally to search for Dorsey's successor. It's far too late for Dorsey. Realistically they're j
by Traster 7y ago
They got 3 seats on the board and agreed to create a committee literally to search for Dorsey's successor. It's far too late for Dorsey. Realistically they're just letting him go out on his own terms at this point. In a few months Dorsey will announce that he's stepping down because he wants to focus his attention on his other job and that'll be that.
- mannykannot 7y agoI expect so, but I don't expect Elliott to scale back its expectations significantly after that happens.
- FillardMillmore 7y agoDo you have a source for the claim that this committee is searching for Dorsey's successor? I found this from the WSJ about three days ago, but the gist of it seems to be that two new board members were added, they're searching for a 'new independent director' and a deal was struck that allowed Dorsey to maintain his position. https://www.wsj.com/articles/twitter-elliott-strike-truce-that-leaves-ceo-dorsey-in-place-11583758773 https://www.wsj.com/articles/twitter-elliott-strike-truce-th...
- Traster 7y agohttps://uk.reuters.com/article/us-twitter-elliott/twitter-elliott-in-deal-for-dorsey-to-stay-ceo-and-add-directors-idUKKBN20W1SS https://uk.reuters.com/article/us-twitter-elliott/twitter-el... >The board will also create a temporary committee to evaluate Twitter’s leadership structure and CEO succession plan that will share the results publicly before the end of the year.