Elliott Control’s Paul Singer seeks to interchange Twitter CEO Jack Dorsey, supply says

Elliott Control founder and billionaire investor Paul Singer is looking for to interchange Twitter CEO Jack Dorsey, an individual aware of the topic advised CNBC Friday.

Bloomberg first reported the tale on Friday.

Twitter didn’t instantly reply to a request for remark from CNBC.

Elliott is pushing for Dorsey’s removing partly as a result of his consideration is divided between operating each Twitter and Sq., and Dorsey’s want to transport to Africa, the individual stated. Dorsey is the one CEO of 2 public firms with marketplace valuations of greater than $five billion.

Twitter was once up greater than 7% after hours.