In September 2012, Jack Dorsey tweeted, “Titles, including “CEO,” get in the way of doing the right thing.”
The Twitter founder’s new title at digital payments company Block is not CEO, as it was revealed on Saturday. Block Head is the name of the character.
There would be “no changes in Mr. Dorsey’s roles and responsibilities, and he will continue to serve as the Company’s principal executive officer,” according to Block’s SEC filing. It was at Dorsey’s suggestion that the designation was changed.
Furthermore, according to Block’s bylaws, the firm no longer requires officers with the titles of CEO and president. As a result, Dorsey’s successors in the post may be dubbed Block Head as well.
The title of Tesla’s new chief financial officer, Zach Kirkhorn, was renamed to “Master of Coin” in 2021.
When it comes to bizarre official titles, Jack Dorsey follows in the footsteps of tech tycoon and Tesla CEO Elon Musk, who dubbed himself “Technoking” in 2021.
Titles, like "CEO", get in the way of doing the right thing. Respect to the people who ignore titles, and fight like hell for what is right.
— jack (@jack) September 29, 2012
Obvious Corporation was co-founded by van Williams, Biz Stone, and Noah Glass, which later spun out Twitter, Inc., with Dorsey as CEO .He saw the company through two rounds of venture capital funding as CEO. [He was reportedly fired for leaving work early to pursue other interests such as yoga and fashion design.
As the service grew in popularity, Dorsey prioritized uptime over money generation, which Twitter was not planned to do in 2008.
Commercial use of Twitter and its API, according to Dorsey, are two factors that could lead to paid features. Simplicity, constraint, and workmanship are his three guiding values, which he claims the organization shares.
Williams took over as CEO on October 16, 2008, while Dorsey became chairman of the board. During his tenure as chairman, Dorsey was a member of various State Department delegations, including one led by Jared Cohen to Iraq in April 2009. When Iranians took to the streets in November for the Green Revolution, Twitter was scheduled to do site maintenance, which included briefly shutting down Twitter’s servers. Dorsey reacted to Cohen’s plea to postpone the maintenance so as not to disrupt the Iranian revolution, as Iranians were using Twitter to communicate and coordinate.
