Musk did not name the person but said she will be starting in about six weeks.
FILE - Elon Musk departs the Phillip Burton Federal Building and United States Court House in San Francisco on Jan. 24, 2023. Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year. Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as it’s now called — and it’s a woman. He did not name her but said she will be starting in about six weeks.
While testifying, Musk said “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.” Analysts who follow Twitter’s business welcomed the news even without knowing who the replacement will be. Twitter’s advertising business has taken a hit under Musk’s mercurial rule, though the billionaire told BBC last month that the company is now “roughly” breaking even.
Last November, he was questioned in court about how he splits his time among Tesla and his other companies, including SpaceX and Twitter. Musk had to testify in the trial in Delaware’s Court of Chancery over a shareholder’s challenge to his potentially $55 billion compensation plan as CEO of the electric car company.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says he's found a woman to lead Twitter as new CEOElon Musk says he has found a new CEO for Twitter, or X Corp. as it's now called. Musk did not name the person but said she will be starting in about six weeks. Musk bought Twitter last fall and has been running it since but has been insisting he is not the company's permanent CEO. The Tesla billionaire said in a tweet Thursday that his role will transition to being executive chairman and chief technology officer. Musk, though, has made announcements in the past that he did not follow through on.
Read more »
Elon Musk says he’s found a woman to lead Twitter as new CEOElon Musk says he has found a new CEO for Twitter, or X Corp. as it’s now called. Musk did not name the person but said she will be starting in about six weeks. Musk bought Twitter last fall …
Read more »
Elon Musk says he's found a woman to lead Twitter as new CEOElon Musk says he has found a new CEO for Twitter, or X Corp. as it's now called.
Read more »
Elon Musk says he’s found a woman to lead Twitter as new CEOElon Musk, who bought Twitter last fall and has been running it since, has been insisting he is not the company’s permanent CEO.
Read more »
Elon Musk says he's found a woman to lead Twitter as new CEOElon Musk says he has found a new CEO for Twitter, or X Corp. as it's now called. elonmusk kprc2 click2hou
Read more »
Elon Musk says he’s found a woman to lead Twitter as new CEOThe Tesla billionaire said in a tweet Thursday that his role will transition to being Twitter’s executive chairman and chief technology officer.
Read more »