In a move that surprised everyone, Twitter founder, Jack Dorsey stepped down from the position of the Chief Executive Officer of the company on Monday, giving the reins to Indian-American Parag Agrawal.

Before becoming CEO at Twitter, Parag Agrawal was the chief technology officer (CTO) at the company. As the news about Twitter's bold move came in, company stocks rise 10 percent.

According to India Times, Agrawal studied at the Indian Institute of Technology (IIT) Bombay, after which he attended Stanford University for his PhD in Computer Science. In 2011, he joined Twitter as a distinguished software engineer, moving up the ladder quickly to take over CTO duties in 2017.

Before joining Twitter, Agrawal held leadership positions at Microsoft Research and Yahoo! Research.

According to former CEO Jack Dorsey, after a rigorous selection process, Twitter's board of directors appointed Agrawal "unanimously." In a letter shared publicly on Twitter, Dorsey claimed that Agrawal had been played a key role in "every critical decision" that helped turn Twitter around.

In the similar vein, Agrawal also shared a note on Twitter, wherein he wrote about Twitter's "incredible impact, our continued progress, and the exciting opportunities ahead of us."

"I joined this company 10 years ago when there were fewer than 1,000 employees," he added. "There is no limit to what we can do together," Agrawal exclaimed.

Before taking over CEO duties, Agrawal helped advance the use of machine learning across Twitter, helping the company grow in terms of audience in 2016 and 2017. "Let's show the world Twitter's full potential," Agrawal added in his note.

Are you excited to see Agrawal lead Twitter now that Jack Dorsey has stepped down? Share your thoughts with us in the comments below. For more in the world of technology and science, keep reading Indiatimes.com.

Currently, Indians are excited about the appointment of Agrawal as the Twitter new CEO because, it means that Twitter has two Indian-origin at the helm, including its policy and safety lead director Vijaya Gadde.

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