Twitter co-founder nominated for Disney board

Jack Dorsey sent the first ever tweet and founded a billion dollar electronic payments firm. Credit: ABACAUSA.COM

Twitter co-founder Jack Dorsey has been nominated for a position on the board of the Walt Disney company, the firm announced.

Dorsey, who is also CEO of fast-growing payments start-up Square, will be by far the media conglomerate's youngest board member if elected at Disney's annual meeting on March 18th.

The 36-year-old, who sent the company's first tweet in 2006 - "just setting up my twttr" - spent the past few years moulding San Francisco-based Square into a billion-dollar payments company.

In November, Twitter's initial public offering valued Dorsey's 4.9% percent stake in the messaging service at about $1 billion (£0.61bn).