https://www.bnnbloomberg.ca/dorsey-absent-as-twitter-s-activist-talks-focus-on-ceo-s-future-1.1398451
"When Twitter Inc. executives met their activist investor agitators from Elliott Management Corp. for the first time last week, the man with the most to lose was absent. Jack Dorsey, the Twitter chief executive officer whose role is in the crosshairs, didn’t attend the Friday night summit in San Francisco where his future was the main topic of conversation, according to people familiar with the matter.
Instead, Twitter’s representatives included Chairman Omid Kordestani and its lead director Patrick Pichette, said the people, who asked not to be identified as the details aren’t public. In Elliott’s corner was the New York-based hedge fund’s head of U.S. activism, Jesse Cohn, and portfolio manager Marc Steinberg, they said.
Chief among Elliott’s concerns: The need for Twitter to have a full-time CEO, rather than one who splits his time, as Dorsey does, between the social media company and mobile-payments platform Square Inc. In a year where major news events are colliding -- from the spread of the coronavirus to the U.S. election and the Summer Olympics -- Elliott thinks Twitter needs the undivided attention of a CEO to oversee the role it plays in disseminating information, especially when new users and advertisers are flocking to the platform, the people said."
