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Twitter's Dorsey says to give a third of his stock to employee equity pool

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Twitter Inc Chief Executive Jack Dorsey said he is giving a third of his stock in the company, about 1 per cent, to the employee equity pool.

[SAN FRANCISCO] Twitter Inc Chief Executive Jack Dorsey said he is giving a third of his stock in the company, about 1 per cent, to the employee equity pool.

This move 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 could not be reached immediately for a comment outside regular business hours.

REUTERS