He didn’t collect a salary or stock options last year and only received personal and residential security costs totaling ~$68k. Twitter’s ex-CEO , Dick Costolo, was awarded a total of ~$91k last year, which included a salary of ~$7k, car service and security costs. Dorsey is also the CEO of payments startup Square.
On her first visit to India, post her exit from Cisco in September, the Cisco veteran told ET that she along with her entrepreneur-investor husband Mohandas Warrior are looking at some companies to invest in India. However, she ruled out joining the board of any Indian IT company. Having just been appointed to the board of Microsoft, Warrior said that there is a huge potential for moving services from offline to online. She was also said to be offered the top job at Twitter, eventually taken up by Jack Dorsey.
Twitter has announced that its CEO Dick Costola has chosen to step down effective July 1. Jack Dorsey will serve as interim CEO while the board begins a search for a permanent CEO. Costolo will remain on the board of Directors. Dorsey in his letter to Twitter employees mentions that during his time as interim CEO he will not change the directions or strategy for the company.