Description: Twitter’s CEO, Dick Costolo, once the darling of the employees, board of directors, media and even the Wall Street—in 2013, he was named Time’s 10 most influential tech CEOs, ran into major trouble with the investors. Recently, Dick Costolo resigned as Twitter’s CEO, much to the delight of the investors.
Source: Fortune
Date: June 12, 2015
Link:https://fortune.com/2015/06/12/twitter-ceo-dick-costolo-resigns/
Questions for Discussion:
- What prompted Dick Costolo to resign?
- What lessons can new technology start-ups learn from Twitter’s journey?
- Why is there a large turnover among CEOs?
- Given that CEOs are good only as long as the company does well, how should the CEOs be compensated?
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