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Elon Musk Announce New Twitter CEO As He Plans To Step Down

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Elon Musk Announce New Twitter CEO As He Plans To Step Down

Billionaire businessman, Elon Musk has announced plans to step down as the Chief Executive Officer, CEO of Twitter in six weeks.

He revealed this on his official Twitter handle on Thursday night, adding that the new CEO would resume in about six weeks.

However, he did not name the successor, saying only that the new CEO is a woman.

 

Elon Musk Announce New Twitter CEO As He Plans To Step Down

 

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,’ he tweeted.

However, Musk will not totally abandon Twitter as he said he will transit to become executive chairman and chief technology officer after the takeover by the new CEO.

He added that in his new position, he would be overseeing products and software development.

Analysts said this indicates that Musk will continue to call the shots in the company after handing over to the new CEO.

Recall that Users of the platform had in December 2022 voted to oust owner Musk as the CEO in an unscientific poll he organised and promised to honour, just weeks after he took charge of the social media giant.

Also, some Twitter users exited the platform, following the subscription for verification badge introduced by Musk.

BY IYABO AINA

Publisher Of News Rain Nigeria