Too Many Ex-CEOs On Twitter’s Board? Evan Williams Says He Would Step Down

Evan Williams, Twitter’s cofounder and former chief govt, mentioned he would resign from the corporate’s CEO-crammed board if its next head was uncomfortable with the presence of a couple of CEOs. Williams and two other former CEOs—cofounder Jack Dorsey and, most recently, Dick Costolo—are all on Twitter’s board, an unusual turn of situations for this type of massive firm.

Williams told attendees at Fortune’s Brainstorm Tech convention in Aspen that he could be prepared to step down if Twitter’s next CEO used to be concerned through the possibility of getting three ex-CEOs watch their each move, the new York instances reports:

“i feel the board composition received’t be a finding out factor in the option. i’ll say in my view if the proper C.E.O. would favor one less C.E.O. on the board I’d be at liberty to — it’s extra necessary that we get that particular person than I’m on the board. i can only talk for myself.”

What’s interesting is that Williams himself is certainly one of three board members conducting the search for Twitter’s next CEO. “We’re searching for an effective leader who knows find out how to define a direction,” Williams mentioned on the convention, in keeping with The Wall boulevard Journal. “It’s more technique than it’s product per se.”

His appearance used to be part of a press blitz designed to assuage buyers involved about the company’s future.

Twitter stock abruptly spiked lately, because of a bogus information story: A counterfeit Bloomberg web page falsely mentioned a $31 billion acquisition supply for the company.

[by means of The Wall boulevard Journal]