Current:Home > FinanceMeet Parag Agrawal, Twitter's new CEO -Wealth Navigators Hub
Meet Parag Agrawal, Twitter's new CEO
View
Date:2025-04-15 09:02:02
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! (12)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- See Anne Hathaway and Nicholas Galitzine's steamy romance in trailer for 'The Idea of You'
- Massachusetts debates how long homeless people can stay in shelters
- Global hot streak continues. February, winter, world’s oceans all break high temperature marks.
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Texas man arrested in alleged scam attempt against disgraced former congressman George Santos
- NY man who killed Kaylin Gillis after wrong turn in driveway sentenced to 25 years to life
- See Anne Hathaway and Nicholas Galitzine's steamy romance in trailer for 'The Idea of You'
- Travis Hunter, the 2
- Dairy Queen free cone day is coming back in 2024: How to get free ice cream in March
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Minority-owned business agency discriminated against white people, federal judge says
- Wayward 450-pound pig named Kevin Bacon hams it up for home security camera
- Saquon Barkley NFL free agency landing spots: Ranking 9 teams from most to least sensible
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Ex-Northeastern track and field coach sentenced for scamming nude photos from 50 victims
- Fed Chair Jerome Powell wants more proof inflation is falling before cutting interest rates
- LNG Exports from Mexico in Limbo While Pipeline Project Plows Ahead
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
What these red cows from Texas have to do with war and peace in the Middle East
Mississippi lawmakers moving to crack down on machine gun conversion devices
Global hot streak continues. February, winter, world’s oceans all break high temperature marks.
All That You Wanted to Know About She’s All That
Southern Baptist agency says U.S. investigation into sexual abuse has ended with ‘no further action’
Here are the women chosen for Barbie's newest role model dolls
Arizona’s health department has named the first statewide heat officer to address extreme heat