Jack Dorsey steps down as Twitter chief executive

Accommodation New Zealand introduces

Twitter co-founder Jack Dorsey has stepped down from his executive role at the social media company.

Dorsey will be replaced by chief technology officer (CTO) Parag Agrawal, the company announced on Monday.

He co-founded Square in 2009 after being pushed out of the top job at Twitter before returning as chief executive of the social media company in 2015.