Current:Home > InvestMeet Parag Agrawal, Twitter's new CEO -Wealthify
Meet Parag Agrawal, Twitter's new CEO
View
Date:2025-04-14 02:42:59
When Jack Dorsey abruptly stepped down as Twitter CEO on Monday, he handed the reins to Parag Agrawal, a software engineer who has become one of Dorsey's closest allies in shaping the social media company's future.
Dorsey's trust in Agrawal as CEO "is bone deep," the outgoing chief told employees in an email on Monday. "He's been my choice for some time given how deeply he understands the company and its needs," Dorsey wrote.
Twitter insiders say Agrawal is a close confidant of Dorsey who shares the co-founder's vision of a future in which Twitter runs on technology that gives users greater control. They're both enthusiasts of cryptocurrencies and the blockchain, which they expect to play key roles in Twitter's future.
Agrawal has been closely involved in related projects at Twitter. He has worked on efforts to let users send tips using bitcoin and other cryptocurrencies, and recently hired the head of a new dedicated crypto team. He also oversees the company's Bluesky project, which aims to build decentralized social networking software on which any number of platforms could run.
Still, some current and former employees told NPR they were surprised Agrawal was tapped for the role, given that his profile inside the company is lower than others in Twitter's executive ranks. He's also little known outside the company, in contrast to Dorsey, whose eccentric health habits (he told Wired Magazine in 2020 that he eats just one meal a day and tries to spend two hours a day meditating), beard length and bitcoin obsession have fueled headlines for years.
The 37-year-old Agrawal is a computer scientist who studied at the Indian Institute of Technology and Stanford University before joining Twitter a decade ago. He worked on advertising products and the company's engineering architecture. In 2017, Dorsey named him chief technology officer.
In his own email to Twitter staff, Agrawal noted that when he joined, the company had fewer than 1,000 employees.
"I've walked in your shoes, I've seen the ups and downs, the challenges and obstacles, the wins and the mistakes," he wrote.
He's worked on machine learning and other technical advances that have enabled Twitter to roll out new features and products more quickly, as it's tried to shake off a reputation for being slow to innovate.
Agrawal has also championed an internal team of researchers investigating whether Twitter's algorithms are fair. Recently that team published research that found its automated photo-cropping system favored white faces, and Twitter announced it was abandoning the software.
"Parag has been behind every critical decision that helped turn this company around," Dorsey wrote.
The handover comes at a critical moment for major social media platforms, including Twitter, Facebook, Instagram and YouTube.
"There's a lot of heat and a lot of friction and politics associated with being these social networks on which so much public conversation plays out," said Margaret O'Mara, a historian of Silicon Valley at the University of Washington.
"Mark Zuckerberg is looking to the metaverse," she said, referring to Facebook's recent pivot to building immersive virtual reality experiences and corporate rebranding as Meta.
"Perhaps Twitter is looking at, 'What is the next-gen social network going to be? Is it going to be more decentralized? Is it going to be more user controlled?'" she asked.
It's up to Agrawal to answer those questions.
veryGood! (464)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Emmys best-dressed: Stars winning the red carpet so far, including Selena Gomez, Anna Sawai
- Change-of-plea hearings set in fraud case for owners of funeral home where 190 bodies found
- Emmy Awards: A partial list of top winners
- Skins Game to make return to Thanksgiving week with a modern look
- Emmys 2024: See All the Celebrity Red Carpet Fashion
- Mike Tyson says he's training hard for Jake Paul fight: 'It's hard to walk right now'
- JoJo opens up about support from Selena Gomez, Taylor Swift during record label battle
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Tech billionaire returns to Earth after first private spacewalk
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Texas QB Quinn Ewers exits with injury. Arch Manning steps in against Texas-San Antonio
- 2024 Emmys Hosts Dan Levy and Eugene Levy Beg You To Say Their Last Name Correctly
- Alabama freshman receiver Ryan Williams helps Crimson Tide roll past Wisconsin
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- A ‘Trump Train’ convoy surrounded a Biden-Harris bus. Was it political violence?
- UFC 306 live updates: Time, streaming for O'Malley vs. Dvalishvili card
- Stephen King, Flavor Flav, more 'love' Taylor Swift after Trump 'hate' comment
Recommendation
Average rate on 30
2024 Emmys: Dakota Fanning Details Her and Elle Fanning's Pinch Me Friendship With Paris Hilton
2024 Emmys: Dakota Fanning Details Her and Elle Fanning's Pinch Me Friendship With Paris Hilton
D'Pharaoh Woon-A-Tai arrives at the Emmys with powerful statement honoring missing Indigenous women
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Even the Emmys' Hosts Made Fun of The Bear Being Considered a Comedy
Canelo Alvarez wins unanimous decision in dominating title defense against Edgar Berlanga
NFL schedule today: Everything to know about Week 2 games on Sunday