New Twitter CEO Means No Fail Whale?

A few hours ago we heard the surprising announcement that Evan Williams would be stepping down from the top job at Twitter and handing over the reins to now-former Chief Operating Officer, Dick Costolo.Here is what Evan had to say about about the role change:"The challenges of growing an organization so quickly are numerous. Growing big is not success, in itself. Success to us means meeting our potential as a profitable company that can retain its culture and user focus while having a positive impact on the world. This is no small task. I frequently reflect on the type of focus that is required from everyone at Twitter to get us there.This led to a realization as we launched the new Twitter. I am most satisfied while pushing product direction. Building things is my passion, and I’ve never been more excited or optimistic about what we have to build.This is why I have decided to ask our COO, Dick Costolo, to become Twitter’s CEO. Starting today, I’ll be completely focused on product strategy."[Via: Twitter Blog]The move is a ray of light for Twitter, as Williams (a former software engineer and co-founder of management Software company Pyra Labs) will now be able to concentrate on his area of true expertise. By reading between the lines of Evans' statement, you get the impression that being CEO of a huge online brand is quite hectic and he wants to return to what he does best by focussing on product strategy. It does however expose a rather worrying trend: in the last three years, Twitter has had three different CEOs - Jack Dorsey in 2008, Evan Williams in 2009 and now Dick Costolo. But as with any big company, in order for things to operate smoothly you need the right puzzle pieces in their correct positions!Meet the New CEO of Twitter:Dick Costolo is the founder of popular RSS system Feedburner which was acquired by Google in 2007. He is now the new CEO of Twitter. Given his experience, it would appear Twitter is in safe hands."New Twitter changes everything - both inside and outside of Twitter" is a quote from Techcrunch writer MG Sigler, and I think it sums up this situation quite nicely. But the crucial question that most of the Twittersphere is now asking: Will this change mean the end of the fail whale?[Image Credit: ReadWriteWeb]