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March 6, 2020 11:00 am

A canceled trip to Africa wont be enough to save Jack Dorseys job


Twitter CEO Jack Dorsey addresses students at the Indian Institute of Technology in November 2018 in New Delhi, India.

Twitter CEO Jack Dorsey addresses students at the Indian Institute of Technology in November 2018 in New Delhi, India. | Photo by Amal KS/Hindustan Times via Getty Images

On Tuesday I laid out Elliott Management’s case against Jack Dorsey — or at least, what we know about it so far. The activist investor has acquired a roughly 4 percent stake in Twitter, and has reportedly expressed concerns with Twitter’s underperforming stock, its part-time CEO, and Dorsey’s stated plans to decamp to Africa for an unspecified period of time this year.


On Thursday, in a roundabout way, Dorsey responded. He attended a scheduled appearance at a Morgan Stanley banking conference, and while the interviewer didn’t muster a single question about his potential ouster, Dorsey (obliquely) answered it nevertheless. Twitter’s investor relations account tweeted some of the highlights. My favorite was this:






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Original Link: https://www.theverge.com/interface/2020/3/6/21166384/twitter-elliott-jack-dorsey-africa-activist-investor

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