Home / World News / Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey

Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey

Elliott's push comes at a pivotal time with the US election, Summer Olympics and other major events, like the spread of the coronavirus, which tend to attract more users and advertisers to Twitter

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3 min read Last Updated : Mar 01 2020 | 12:00 AM IST

Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter.

The New York-based firm has nominated four directors to Twitter’s board, said the people, who asked to not be identified because the matter isn’t public.

There are only three seats becoming available at this year’s annual meeting but Elliott wanted to ensure that it nominated enough directors to fill all three seats or any other vacancies that may arise, the people said. The exact

Topics : Twitter Jack Dorsey

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