Twitter’s lame-duck CEO ‘over the moon’ about changes ahead

Twitter’s lame-duck CEO Dick Costolo says he is leaving the company with a line-up of upcoming features designed to make the short-messaging service more profitable and more useful to more people.

Costolo told a technology conference Tuesday that he is “over the moon” about new tools and products that will debut on Twitter this fall.

By then, Twitter will have a different leader because Costolo is ending his nearly five-year reign as CEO on July 1. Twitter co-founder Jack Dorsey will be interim CEO while the San Francisco company’s board looks for a permanent replacement as part of a shake-up announced last week.

Costolo didn’t provide any details about Twitter’s upcoming features. He said the next CEO will have leeway to make changes, but emphasized Twitter likes its current strategy.

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