Evan Williams, the co-found and CEO of the social networking site Twitter has stepped down as the Chief Executive of the successful site.

Williams has been at the head of the company from 2008. He will be replaced so that he could put much effort on making the networking site more profitable and successful.

While announcing his decision, Evan Williams was quoted as saying that twitter had the potential and prerogative towards meeting its huge potential as profit making company.

Dick Costolo, the sites Chief Operating Officer, currently, would be replacing him.

The site has largely grown in the recent years, where its users are more than 160 million now, as compared to only three million about two or so years ago.

However, Mr. Williams was reported as saying that for them to continue being successful, Twitter had to start the conversion of growth into sprawling profits. He said that just a big growth “is not success in itself.”
He said that success to them meant meeting the potentials of being profitable as a company and retaining its own culture as focus on users, while making sure that a positive impact on people was perfected, saying that it was “no small task.”

He said that he would be focusing on the site’s product strategy, the main reason why he had asked Dick Costolo to become the CEO of Twitter.

Of all Twitter’s founders, Mr. Williams was the second ever to serve as the Chief Executive. He had taken the CEO office 2007 from Jack Dorsey, as he moved to becoming the chairperson of the company.

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