April 24, 2024

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Elon Musk to step down as Twitter CEO in 6 weeks, replacement found

1 min read

<

By BARBARA ORTUTAY and MATT O’BRIEN (AP Technology Writers)

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.

Musk, who bought Twitter last fall and has been running it since, has long insisted he is not the company’s permanent CEO. The Tesla billionaire said in a tweet Thursday that his role will transition to being Twitter’s executive chairman and chief technology officer.

In mid-November, just a few weeks after buying the social media platform for $44 billion, he told a Delaware court that he does not want to be the CEO of any company.

While testifying, Musk said “I expect to reduce my time at Twitter and find somebody else to run Twitter…

The Associated Press

2023-05-11 16:49:27

All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator


Read more from original source here…

Leave a Reply