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On June 11, , it was announced that Costolo would step down as CEO on July 1, , and would be replaced by Twitter co-founder and chairman Jack Dorsey on an interim basis until the Board of Directors could find a replacement. Costolo was born in Royal Oak, Michigan. In , he earned a Bachelor of Science degree in computer and communication sciences from the University of Michigan. Upon graduation, he decided not to accept offers from technology companies and instead moved to Chicago to work in improvisational comedy. After his improv career in Chicago, Costolo was at Andersen Consulting for eight years, where he was a senior manager in product and technology groups. He then co-founded Burning Door Networked Media, a web design and development consulting company, which was acquired by Digital Knowledge Assets in October