Jack Dorsey steps down from Twitter board: report
Twitter holds annual shareholder meeting
FOX Business host Stuart Varney discusses the upcoming Twitter shareholder meeting during the opening bell.
Twitter co-founder Jack Dorsey has stepped down from the company’s board effective today, according to The Hill.
The move was not unexpected following Tesla CEO Elon Musk's multi-billion-dollar bid to purchase the platform.
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The announcement comes on the same day that Twitter held its annual shareholder meeting.
"As we shared back in November, Jack would be leaving the Board when ‘his term expires at the 2022 meeting of stockholders,'" a Twitter spokesperson said in a statement to The Hill.