Who’s the brand new Twitter CEO? Elon Musk says he has picked his successor
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Elon Musk says he has picked the brand new chief of Twitter and plans to step down as CEO.
He didn’t determine who the brand new CEO can be however indicated that she is a girl.
“Excited to announce that I’ve a brand new CEO for X/Twitter. She can be beginning in ~6 weeks!,” Musk tweeted Thursday.
X refers back to the new authorized entity that features Twitter in addition to Musk’s ambitions to morph Twitter right into a “tremendous app.”
Citing individuals conversant in the scenario, the Wall Road Journal reported that NBCUniversal’s advertising chief Linda Yaccarino is in talks to develop into CEO of Twitter. Yaccarino, a former Trump political appointee, is revered within the promoting world.
Since shopping for the social media platform six months in the past, Musk has overseen mass layoffs, made content material moderation adjustments and altered the blue-check verification system.
Final month Musk was interviewed onstage by Yaccarino at a convention hosted by digital advertising and marketing commerce group MMA World.
“It’s a practice wreck generally,” Musk mentioned of working Twitter.
Talking at an AdAge convention in November, Yaccarino mentioned she would not wager in opposition to Musk. “You’ve acquired to offer the man a minute,” she mentioned.
Strain has elevated on Musk to show his consideration again to Tesla. In December, he tweeted that he was seeking to rent his successor at Twitter.
“I’ll resign as CEO as quickly as I discover somebody silly sufficient to take the job!” Musk wrote on Twitter.
Even after his successor takes over, Musk will nonetheless name the photographs. Musk mentioned Thursday that he would transition to government chairman and chief expertise officer, and would nonetheless oversee merchandise and software program.
Musk mentioned early on that he didn’t plan to stay on the helm of Twitter and decreasing his time dedication was his plan all alongside.
“There’s an preliminary burst of exercise wanted put up acquisition to reorganize the corporate,” Musk mentioned in November throughout a trial over his compensation at Tesla. “I’d discover another person to run Twitter over time.”
USA TODAY reached out to Twitter for remark. The corporate’s press e-mail mechanically replied with the poop emoji.
Tesla’s inventory noticed a lift following Musk’s announcement. Shares closed up 2.1% at $172.08 Thursday and continued to climb in after-hours buying and selling.
Wedbush Securities analyst Daniel Ives known as the brand new CEO rent “a constructive growth for Tesla in addition to SpaceX with Musk needing to spend an increasing number of time on these golden little one platforms slightly than Twitter.”
Contributing: Bailey Schulz
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