Tech

Musk to step down as Twitter CEO, announces successor without revealing name


Social media platform Twitter has got a new Chief Executive Officer (CEO). Elon Musk announced late last night to step down as CEO of Twitter, but did not reveal the name of the new CEO. However, according to a report in the Wall Street Journal, Linda Yacarino- a senior executive of NBC Universal, may be the new CEO of Twitter.

The Twitter chief announced the appointment of Twitter’s new CEO without naming him or her. Musk has said that she will start her work in six weeks. Elon Musk tweeted that he would now serve as Twitter’s executive chairman and chief technology officer. Actually, since Musk acquired Twitter, he had been looking for a new CEO for Twitter.

It is noteworthy that Elon Musk bought Twitter on October 27, 2022 for $ 44 billion. After this, Musk had shown the way out to the four top officials of the company. These included CEO Parag Agarwal, finance chief Ned Segal, legal executives Vijaya Gadde and Sean Edgett. Musk has so far fired more than 50 percent of Twitter’s 7,500 employees, reported HS.

According to the social profile of Yaccarino, she has been with NBC Universal since 2011 and her role is described as chairperson, global advertising and partnerships. She also served at Turner for 19 years, where she worked as an Executive Vice President/COO Advertising Sales, Marketing and Acquisitions. Yaccarino is an alumnus of Penn State University, where she studied liberal arts and telecommunications.

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