Search
Close this search box.

Elon Musk Says He’s Found A New CEO for Twitter – But He Won’t Release Her Name | WATCH

Elon Musk (Marlena Sloss-Bloomberg-Getty Images)
Elon Musk (Marlena Sloss-Bloomberg-Getty Images)

*(CNN) — Elon Musk on Thursday said he’s found a new CEO to take over Twitter, months after he first promised to step back from the role.

The new CEO will assume the role at Twitter Inc., which recently changed its name to X Corp., in the coming weeks, Musk said. He did not provide a name.

“Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks!” Musk said in a tweet.

Musk, who has had a chaotic reign as “Chief Twit” since buying the company in October, said he will become Twitter’s executive chair and chief technology officer, overseeing product, software and system operations.

In December, Musk ran a poll on the platform asking users whether he should step back as Twitter’s CEO, which ended with the majority of users voting in the affirmative. Musk said he would abide by the results of the poll but later backtracked, saying he would hand over the role “as soon as I find someone foolish enough to take the job!” In February, he reiterated that he planned to find a replacement by the end of the year.

Musk has faced criticism for a series of policy changes at Twitter, which often came without clear justification and raised concerns about the impact on Twitter’s users.

He has also been attempting to convince advertisers to rejoin the platform, after many fled over concerns about hateful conduct on the platform, Twitter’s mass layoffs or questions about the company’s future. At the same time, he has been trying to sell users on a new paid subscription platform that includes the ability to pay for a blue verification check mark, but appears to have limited traction so far.

Musk — who runs or is involved in numerous other companies, including Tesla — has also faced criticism from Tesla shareholders concerned that he is distracted by Twitter.

Musk recently said that Twitter is now “trending to breakeven,” after previously saying it was at risk of bankruptcy. Now, the company’s new CEO will be tasked with trying to help turn around the struggling company and help Musk recoup some of the $44 billion spent acquiring the platform.

Even as Musk prepares to step back from the CEO role, he will likely maintain significant control over the future direction of the company. After taking over the company in October, Musk cleared out the C-Suite, dissolved the board and became both the CEO and sole director of the platform.

Twitter - hand witrh twitter logo on smartphone - Getty
Twitter – hand witrh twitter logo on smartphone – Getty

OTHER NEWS ON EURWEB: Chicago Prosecutor Quits Job Amid Crime Wave, Blasts City Leaders in Scathing Letter

The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!

Michael Ealy hugs Meagan Good - screenshot
Blair Underwood as FBI Agent Carter  -Longlegs screenshot
Martin Lawrence - screenshot
Sister Wife Murder
Alec Baldwin (Pool-Getty Images North America-Getty Images via CNN Newsource)
Tejuana Johnson - via Facebook
Paige Butcher and Eddie Murphy - Depositphotos
Reasonable Doubt Hulu series
Tracey Kemble
Tejuana Johnson - via Facebook
Read More
Paige Butcher and Eddie Murphy - Depositphotos
Read More
Shannon Sharpe and Meagan Good - via Club Shay Shay
Read More
Gary Miles - mugshot (Philadelphia Police Dept)
Read More
KeKe Jabbar
Read More
Keke Jabbar - Instagram screenshot
Read More
Joe Biden & Barack Obama
Read More
Will Smith slapping Chris Rock - Getty
Read More
D’Vontaye Mitchell
Read More
Meek Mill (Scott Garfitt-AP)
Read More

POPULAR

Michael Ealy hugs Meagan Good - screenshot
Meagan Good Addresses Claims of Michael Ealy Dissing Jonathan Majors | WatchVideo
Blair Underwood as FBI Agent Carter  -Longlegs screenshot
Blair Underwood: Top of His Game in ‘Longlegs’ - The FilmStrip | WatchTrailer
testing
Martin Lawrence - screenshot
Martin Lawrence to Co-Produce 'Martin' Prequel Series, 'Young Martin'
Sister Wife Murder
Dia Nash Shines in Gripping Lifetime Thriller 'Sister Wife Murder' | EUR Video Exclusive
Alec Baldwin (Pool-Getty Images North America-Getty Images via CNN Newsource)
Judge Dismisses Charges Against Alec Baldwin After Defense Alleges Government Misconduct
Tejuana Johnson - via Facebook
Outrage Erupts Over Unprovoked Attack on Black Woman by Melody Bar Security Guard | WATCH-it-Happen
Paige Butcher and Eddie Murphy - Depositphotos
Eddie Murphy MARRIES Longtime Love Paige Butcher in Intimate Ceremony | See the PICs!
Reasonable Doubt Hulu series
Hulu Drops Trailer for Season 2 of Hit Legal Drama 'Reasonable Doubt'
1 2 3 8,182