Twitter’s CEO Search Rules Out Dorsey If He Stays at Square

Twitter Inc. said it is seeking a chief executive who can make a full-time commitment to the company, ruling out interim chief Jack Dorsey as long as he remains in the top job at Square Inc.

Twitter’s board hired executive search firm Spencer Stuart to help find its next CEO, the San Francisco-based social-media company said in a statement Monday. The search is proceeding with a sense of urgency, but the committee will take the time necessary to find the right CEO, Twitter said in the statement.