Twitter CEO is planning to step down from the place, CNBC experiences. It’s not but clear who will take his place as chief govt of the corporate if he does go away. Engadget has contacted Twitter for remark.

, Dorsey has been within the uncommon state of affairs of working two notable tech firms: and . His first stint as Twitter CEO, which he co-founded, led to 2008 when he was pushed out. He returned in 2015 when Dick Costolo .

Last yr, activist funding agency Elliott Management referred to as for Dorsey to depart his place at Twitter. The agency’s founder, Paul Singer, claimed that Dorsey’s twin CEO function meant that he wasn’t capable of focus sufficient on the social media platform. Twitter with Elliott Management, which included a $2 billion inventory buyback, to maintain Dorsey in place, regardless of a shaky outlook for the corporate when the COVID-19 pandemic was beginning to take maintain.