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If Jack Dorsey wants to be Twitter’s new permanent CEO, he’ll need to step away from his head position at Square.

Or at least that’s what Twitter’s board of directors appears to be saying in a memo released to investors Monday saying they’re only interested in those “who are in a position to make a full-time commitment.” The board also stated that they’re proceeding “with a sense of urgency” but are willing “to take all the time necessary to find the right CEO.”

This means that if Dorsey wants to become the full-time CEO of Twitter, Square can’t be in the picture—and Twitter’s not afraid to find someone else up to the task.

The memo is most likely a response to Dorsey’s announcement that he won’t be leaving Square, the payments company he co-founded in 2010, where he remains CEO. “I’m Square CEO and that won’t change,” Dorsey told Re/code last week.

If anything can be taken from both statements it’s that the Twitter CEO position is still up in the air. Dorsey may have helped jumpstart Twitter as co-founder back in 2006, but that far from guarantees him the open slot Dick Costolo left behind.

After stepping down at CEO July 1, Costolo will remain on the Twitter board of directors “indefinitely.” At the Bloomsberg Tech Conference in San Francisco, he stated that the search for a new CEO is legitimate and that “there is a specific search committee of the board that’s three of the board members, comprised mainly of lead independent director leading that, and then two of our biggest shareholders.”

Costolo himself was allegedly pressured into stepping down due to disgruntled investors who blamed him for stagnant user growth and poor advertising results.

If Dorsey wants to takeover that position, it’s clear that investors and board members alike aren’t going to be satisfied with him playing two ballgames. Until then, their search continues.

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