Audio By Carbonatix
Twitter CEO Elon Musk has revealed he will relinquish the role in around six weeks' time having lined up a suitable successor, a move which would draw a line under a controversial tenure since he led an acquisition of the social media site in 2022.
In a tweet, Musk stated he hired a new female CEO for Twitter and, once they start, he will take on the roles of executive chair and CTO, overseeing product, software and system operations.
Musk didn’t disclose the identity of the incoming CEO, but The New York Times reported he was in advanced talks about the role with Linda Yaccarino, chair of global advertising and partnerships at NBCUniversal Media.
Yaccarino joined NBCUniversal in 2011 and was previously with Turner Broadcasting.
Musk has overseen massive layoffs at Twitter since acquiring the company for $44 billion, part of a turnaround plan for the company, which has struggled to turn a profit.
Latest Stories
-
Gender Minister monitors LEAP enrolment exercise in Savelugu, Kumbungu
38 minutes -
Luv FM High School Debate: Twenty schools get set to battle for 2026 crown
2 hours -
Gender Minister begins Northern Region tour to monitor LEAP enrolment exercise
2 hours -
Patchbay Band to share their story on E Vibes this August
2 hours -
GAUA resumes nationwide strike over pay disparities
2 hours -
Defence Minister-designate Adjei must prioritise GAF personnel welfare — KAIPTC lecturer
2 hours -
GPHA announces urgent measures to ease congestion at Tema Port
2 hours -
Rethinking assessment, achievement and ranking in Ghanaian education
2 hours -
‘Do I look like someone who can be bullied?’ – Agalga dismisses doubts over possible Majority Leader role
2 hours -
KNUST marks 75th anniversary with medical, one health outreach at Anwomaso
3 hours -
Majority leadership change ‘shocking’ – ACEPA’s boss
3 hours -
KiDi sets August 27 for release of third album ‘Where Do We Go From Here’
3 hours -
Africa Golf Tourism Convention 2026 reveals speakers for inaugural Ekurhuleni gathering in South Africa
3 hours -
The Republic where Heroes Die while Villains Keep Digging…
3 hours -
GCB Bank appointed to committees for Ghana’s participation in global trade exhibitions
3 hours