Parag Agarwal will become the new Chief Executive Officer of Twitter. He will be overtaking Jack Dorsey as Dorsey will step down from his role. The company is doing its preparations for his departure since last year.
Parag is an alumnus of the Indian Institute of India (IIT) Bombay. On March 8, 2018, he was appointed Twitter CTO. He succeeded Adam Messinger when he left the company in December 2016. Agarwal was appointed internally in October 2017.
As CTO of the company, Agarwal was always responsible for the company’s technical strategy, while overseeing machine learning and Artificial Intelligence. Since he became a member of Twitter, his role was to upscale Twitter Ad systems and bring exponential growth in user engagement by improving home timeline relevance.
Agarwal became part of the organization in October 2011 as a Distinguished Software Engineer after he has done his Ph.D. in Computer Science from Stanford University. He has been a part of many big organizations during his internships period. While studying at Stanford, he was working as an intern at Yahoo, Microsoft, and AT&T labs.
See Parag Agarwal Thanking Jack Dorsey and Team for Support
After hearing the judgment, Agarwal was thanking Dorsey on Twitter for his mentorship and guidance. He was also thanking his entire team for supporting and trusting him so far. “Our purpose has never been more important. Our people and culture are unlike anything in the world. There is no limit to what we can do together,” Agarwal wrote in a note while sharing on Twitter.
Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support 💙 https://t.co/eNatG1dqH6 pic.twitter.com/liJmTbpYs1
— Parag Agrawal (@paraga) November 29, 2021
Furthermore, he added that “at the all-hands tomorrow we’ll have lots of time for Q&A and discussion”.
“The world is watching us right now, even more than they have before. Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters. Let’s show the world Twitter’s full potential,” Agarwal said.
Agarwal is now among other Indian-American tech bosses and the list includes IBM chairman and CEO Arvind Krishna, Google and Alphabet CEO Sundar Pichai, Microsoft chairman, and CEO Satya Nadella, and Adobe chairman, president, and CEO Shantanu Narayen.
Twitter is looking for expanding its opportunities in the field of technology and this is the perfect time for Agarwal to appoint for this role. Earlier this year, the company made an announcement that it is aiming to get 315 million monetizable daily active users by the end of 2023 or at least double its annual revenue.