The rumors have been circulating for the past week, and two tweets have just confirmed it: Jack Dorsey is returning to the company he co-founded to take charge of Twitter’s product development.
CEO Dick Costello and Dorsey himself both tweeted the news, announcing Dorsey’s return to the company on a day-to-day basis. Dorsey will become Executive Chairman, according to their messages. It’s not the title of Chief Product Officer, that some have assumed he’d take, but that does appear to be the role he’ll be filling.
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Despite his return to Twitter, Dorsey says he’s still fully committed to his current startup, Square, where he will remain CEO. “200%” he says in his tweet, indicating he’ll be doing double duty at both of these companies.
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