Last Updated: May 12, 2023, 08:55 IST
Tesla CEO Elon Musk has discovered a brand new lady CEO for Twitter. Linda Yaccarino’s identify as cropped up.
The new chief govt for Twitter might be beginning in about 6 weeks
Twitter CEO Elon Musk stated on Thursday that he has discovered a brand new chief govt for the social media platform and its newly named X Corporation mother or father.
Musk, who introduced the information on Twitter, stated his position will shift in the firm to focus extra on the product, software program, and sysops.
“Excited to announce that I’ve employed a brand new CEO for X/Twitter. She might be beginning in ~6 weeks! My position will transition to being exec chair & CTO, overseeing product, software program & sysops,” he tweeted.
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023
Musk, however, did not name the candidate. But said that “she will be starting in about 6 weeks.”
However, The Wall Street Journal reported that Linda Yaccarino, the chairman of international promoting and partnerships at NBCUniversal, is in discussions to change into the new CEO of Twitter.
With over a decade of expertise at NBCUniversal, Yaccarino has been a robust advocate for enhancing promoting measurement and performed a vital position in the profitable launch of NBCUniversal’s ad-supported Peacock streaming service.
The transfer is prone to allay Tesla buyers’ considerations, who’ve been more and more nervous about the time that Musk is devoting to turning round Twitter.
Tesla Inc shares jumped 2.4% in quantity spike on the information, in keeping with Reuters information company.
Last October, Elon Musk acquired the social community for a whopping $44 billion. This buy got here after his preliminary provide to purchase the firm in April 2022.
Following the completion of the acquisition, Musk assumed the position of CEO and promptly changed Twitter’s former CEO, Parag Agrawal, in addition to different high executives.
In November, he made the resolution to downsize the firm by letting go of half of its workforce.
(With company inputs)