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Twitter's Dorsey To Give A Third Of His Stock To Employee Equity Pool


Ron Burgundy
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Dorsey, interim CEO of Twitter and CEO of Square, goes for a walk on the first day of the annual Allen and Co. media conference in Sun ValleyTwitter Inc Chief Executive and co-founder Jack Dorsey said he is giving a third of his stock in the company, about 1 percent, to the employee equity pool. The move, worth $197 million as of July 28, is to "reinvest directly in our people," Dorsey, who was named as the company's permanent CEO earlier this month, said in a tweet on Thursday. Twitter did not comment further on the move.




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