Dick Costolo Named as Twitter CEO

Following Evan Williams' step down as the CEO of Twitter at the start of the week, Dick Costolo has been installed as the CEO of Twitter.

Dick moves on from his position of COO, while Evan Williams has moved on to concentrate on product strategy.

Mr Costolo's past includes the foundation of Feedburner (which was acquired by Google in 2007 for around $100m). He also had a spell at Google as an advertising product manager.

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