According to a report by Bloomberg, Twitter’s committee review board has elected to keep Jack Dorsey as its CEO. Dorsey has come under fire recently for splitting his time as he also sits as the current CEO of payment company Square, Inc.
“The committee expressed its confidence in management and recommended that the current structure remain in place,” reads a company filing submitted after the review. “The board will continue to evaluate company and management performance according to a range of factors, including the company’s operating plan and established milestones.”
Shares of Twitter rose roughly 1% following the news about Dorsey,