Parag Agrawal, the Chief Technology Officer of Twitter, is now taking over from Jack Dorsey as the Chief Executive Officer. Dorsey will step down from his role, and the company’s board has been preparing for his departure since last year, according to news agency Reuters.
Agrawal, an alumnus of Indian Institute of Technology (IIT) Bombay, was appointed Twitter CTO on March 8, 2018. He succeeded Adam Messinger, who left the company in December 2016. Agrawal’s appointment was announced internally in October 2017.
As CTO, Agrawal has been responsible for the company’s technical strategy, while overseeing machine learning and AI. Since joining Twitter ten years ago, he has led efforts on scaling Twitter Ads systems, as well as re-accelerating user growth by improving home timeline relevance.
Agrawal joined Twitter in October 2011 as a Distinguished Software Engineer after completing his PhD in Computer Science from Stanford University. While studying at Stanford, he worked as a research intern for Microsoft, Yahoo!, and AT&T Labs.
Prior to joining Twitter, he was involved with research in large-scale data management with collaborators at Microsoft Research, Yahoo! Research, and AT&T Labs. Agrawal holds a Ph.D. in Computer Science from Stanford University and a Bachelor’s Degree in Computer Science and Engineering from IIT-Bombay, from where he graduated in 2005.
Taking to Twitter, Agrawal thanked Dorsey for his continued mentorship and friendship. Further, he thanked the entire team for their trust and support.
Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support 💙 https://t.co/eNatG1dqH6 pic.twitter.com/liJmTbpYs1
— Parag Agrawal (@paraga) November 29, 2021
“Our purpose has never been more important. Our people and culture are unlike anything in the world. There is no limit to what we can do together,” Agrawal wrote in a note shared on his Twitter handle.
He added that “at the all-hands tomorrow we’ll have lots of time for Q&A and discussion”.
“The world is watching us right now, even more than they have before. Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters. Let’s show the world Twitter’s full potential,” Agrawal said.
Agrawal joins a list of Indian-American tech bosses, which currently includes IBM chairman and CEO Arvind Krishna, Microsoft chairman and CEO Satya Nadella, Google and Alphabet CEO Sundar Pichai and Adobe chairman, president and CEO Shantanu Narayen.
For Agrawal, the appointment has come at a time when Twitter is aggressively pushing for growth. Earlier this year, the firm announced its aim to have 315 million monetisable daily active users by the end of 2023 and to at least double its annual revenue by then.