Jack Dorsey will step down as director of Twitter, the company reports Monday afternoon.

Dorsey will be succeeded by Parag Agrawal, who is currently still a technology manager at the platform.

In addition to being a director, Dorsey is one of the founders of Twitter.

He is considered one of the most influential people when it comes to the role of social media worldwide.

More than 200 million people worldwide use Twitter every day.

The social medium, like other social media, is criticized for its role as an online platform.

Twitter would be a toxic environment for women and minorities.

According to critics, the site is also polarizing and Twitter has to contend with disinformation.

Dorsey would give Twitter too little attention

Activist investor Elliott Management is said to have called for Dorsey's departure in early 2020.

The CEO would give Twitter too little attention by also being at the helm of payment company Square.

Ultimately, the two came to an agreement that allowed Dorsey to stay with Twitter.

In addition, Elliott Management and another investment firm were given a seat on the Twitter board.

It is unclear whether Elliott Management is now playing a role in Dorsey's possible departure.