Twit­ter: 100% from our next CEO

Los Angeles Times - - TECHNOLOGY - By Paresh Dave paresh.dave@latimes.com Twit­ter: @peard33

It seems ob­vi­ous, but Twit­ter’s board of di­rec­tors isn’t in­ter­ested in chief ex­ec­u­tive can­di­dates who can’t give 100% to the San Fran­cisco mi­croblog­ging ser­vice.

The board is search­ing for a new Twit­ter CEO and an­nounced Mon­day it will con­sider only can­di­dates “in a po­si­tion to make a full­time com­mit­ment to Twit­ter.”

That clar­i­fies, some­what, the role of Jack Dorsey, a Twit­ter co- founder whom the board brought in from another com­pany to serve as in­terim chief ex­ec­u­tive af­ter for­mer stand- up co­me­dian Dick Cos­tolo left that po­si­tion two weeks ago.

Dorsey runs another start- up, pay­ment pro­cess­ing com­pany Square, and spec­u­la­tors won­dered whether he might be picked to run Twit­ter, too. Now it looks as though it will be one or the other.

Only in­sid­ers know whether Dorsey is a se­ri­ous can­di­date for the Twit­ter job. Board mem­ber Peter Cur­rie, who heads the Twit­ter search com­mit­tee, was quoted in the an­nounce­ment as say­ing the board has “ut­most con­fi­dence” in Dorsey’s “abil­ity to lead the com­pany on an in­terim ba­sis while we iden­tify a per­ma­nent CEO.”

Last week, Dorsey said in a state­ment that “I’m Square CEO, and that won’t change.”

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