Ev Williams, a co-founder of Twitter and the social media business's former CEO, descend from the board effective at the end of the month, according to documents sent to the US Securities and Exchange Commission on Friday, first reported by CNBC.
"I'm very fortunate to have earned on
@ Twitter the board for 12 years (ever since it was a board)," he wrote. "It has been overwhelmingly interesting, educational and sometimes challenging … Thanks, @ jack and @ biz to start this crazy company with me continues to better and better. And to my other board members, new and old, some of the most thoughtful people I have ever known. "
Williams, founder and CEO of online publishing platform Medium and co-founder and partner of Obvious Ventures, acted as Twitter's CEO from 2008 to 2010 by Jack Dorsey's, Twitter's current CEO, original stint as CEO. Williams was followed by Dick Costolo, who, after a five-year stint at the helm, resigned his throne to Dorsey.
Twitter's board includes Bret Taylor, President and Chief Product Manager of Salesforce; Debra Lee, President and CEO of BET Networks; and chairman of the board Omid Kordestani.
The receipt receipt stopped 3 percent on Friday, trading at nearly $ 32 a piece for a market value of North $ 24 billion.