Twitter’s boss gets $1.40 salary in nod to old character limit

Twitter Inc. co-founder Jack Dorsey received his first salary since returning to the chief executive officer role four years ago: 140 cents.

The conspicuously modest sum, disclosed Monday in a regulatory filing, equals the original character limit for tweets on the company’s social network, a restriction the San Francisco-based firm scrapped in 2017 to boost user engagement.

Dorsey has for years elected to not receive any salary, bonuses or stock awards from Twitter “as a testament to his commitment to and belief in Twitter’s long-term value creation potential,” the filing said.