He said last month that Twitter was “roughly breaking even. He also said he would “defeat” spam bots on the platform, a key area of his tussle with Twitter’s board over his back and forth on the buyout of the company. Musk, a self-proclaimed “free speech absolutist,” has said he took over Twitter to prevent the platform from becoming an echo chamber for hate and division. He quickly fired Twitter’s previous CEO, Parag Agrawal, and other senior leaders, and then laid off half its staff in November. The billionaire’s first two weeks as Twitter’s owner in October were marked by rapid change. In a Twitter poll started by Musk in December, 57.5% users voted for him to step down as CEO of the social media platform. Musk has long said he intended to find a new leader for Twitter. Now he can get back to spending more time creating value at Tesla,” said Craig Irwin, analyst at Roth MKM. “The boat anchor called Twitter is loosened from Musk’s ankle. David Faber of CNBC reported Thursday night that Twitter CEO Parag Agrawal and CFO Ned Segal have left Twitter as Elon Musk officially takes over the company. The shares rose a further 1.6% in after-hours trade. ![]() Musk’s post about a new Twitter CEO came about 15 minutes before the close of Wall Street on Thursday, and Tesla shares closed 2% higher. Twitter legacy users give Musk the cold shoulder as less than 5% accounts sign-up for paid blue tick Musk, who has come under fire from investors in his Tesla electric car company as being distracted by his attention to Twitter, said he will transition to the role of Twitter’s executive chair, along with the role of CTO, overseeing product, software and system operations. ![]() Musk has previously not named any prospective candidates.Speculation was rife on Thursday among tech and media insiders and on Blind, an anonymous messaging app for tech employees.Former Yahoo CEO Marissa Mayer, former YouTube CEO Susan Wojcicki and a top executive at Musk’s brain-chip startup Neuralink, Shivon Zilis, were among names that were being discussed. Yaccarino’s exit would be another big blow to the company after Comcast said last month that NBCUniversal CEO Jeff Shell was leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation. Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valleys highest-profile and politically volatile jobs. When asked for comment, an NBCUniversal spokesperson said, “Linda is in back-to-back rehearsals for the Upfront,” referring to a presentation NBCUniversal will host for advertisers in New York on Monday. Yaccarino did not respond to calls seeking comment on Thursday. Twitter CEO pushes out top execs, freezes hiring He was asked to leave after seven years with the company. WhatsApp users, Elon Musk says you can’t trust app know reason whyĪs broadcast television audiences migrated to streaming, she took to the stage at Radio City Music Hall last year to tell advertisers that their brand messages were not an afterthought. On October 14, 2015, former Google chief business officer Omid Kordestani became executive chairman, replacing Dorsey who remains CEO.
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