On May 11, billionaire Elon Musk announced that he had found a replacement as CEO of Twitter.
wow a new female CEO! congrats gainzy!!!!
— Udi Wertheimer 🧙♂️ (@udiWertheimer) May 11, 2023
“She will start [к работе] in about 6 weeks,” Musk wrote.
The billionaire himself will take the positions of executive chairman and technical director. He did not disclose the reasons why he decided to leave the post of CEO.
According to WSJLinda Iaccarino, head of advertising at NBCUniversal, is allegedly negotiating the position.
Musk has confirmed that Iaccarino will take over as CEO of Twitter.
I am excited to welcome Linda Yaccarino as the new CEO of Twitter!@LindaYacc will focus primarily on business operations, while I focus on product design & new technology.
Looking forward to working with Linda to transform this platform into X, the everything app. https://t.co/TiSJtTWuky
— Elon Musk (@elonmusk) May 12, 2023
“[Яккарино] will focus primarily on business operations, and I will focus on product design and new technologies, ”the billionaire explained.
In April 2021, Musk became Twitter’s largest shareholder after acquiring a 9.2% stake for $2.89 billion. He later offered to buy the social network for more than $43 billion to create “an inclusive arena for free speech.”
The $44 billion deal closed in October. The company’s previous CEO Parag Agrawal and CFO Ned Segal left the headquarters.
In February 2023, Musk introduced his Shiba Inu dog named Floki as CEO, sparking a surge in Dogecoin (DOGE).
Recall that in April, the place of the logo in the form of a blue bird on the main page of the Twitter account was taken by the symbol of the Shiba Inu meme-cryptocurrency. The asset reacted with growth by more than 25%, however, after the opposite changes, it lost in price.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!