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Report: Jack Dorsey To Be Named Permanent Twitter CEO

An announcement is expected as early as Thursday, Re/code reports.

Posted on September 30, 2015, at 2:37 p.m. ET

Getty/Kimberly White

Jack Dorsey will be named permanent CEO of Twitter as early tomorrow, according to report published today in Re/code.

The move will bring to a close a painful, months-long search for a permanent CEO at Twitter, which has been without a permanent leader at the top since the departure of its former CEO Dick Costolo in July. Dorsey is expected to continue to run Square, a payments company where he also serves as CEO.

Dorsey, in his short tenure as interim-CEO, has been pushing big changes. Under his watch, the company has tested a 'News' tab, widely rolled out a 'Buy' button and is in the process of rethinking the service's 140 character limit.

As Dorsey moved things forward, the Twitter board worked slowly, eliciting criticism from Twitter investors and Wall Street analysts. The naming of Dorsey should quiet those critics, at least for the new CEO honeymoon period. After that, Dorsey will be forced to prove he can grow the company's userbase and, along with it, revenue.

Twitter and Square both declined comment.

A BuzzFeed News investigation, in partnership with the International Consortium of Investigative Journalists, based on thousands of documents the government didn't want you to see.