Billionaire businessman Elon Musk has announced plans to step down as the Chief Executive Officer, CEO of Twitter in six weeks.
Musk, who announced the plan in a tweet on Thursday said he has already identified the person that will take over from him as the CEO of Twitter from him.
However, he did not named the successor, saying only that the new CEO is a woman.
“Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks!,” Musk tweeted Thursday.
However, Musk will not totally abandon Twitter as he said he will transit to become executive chairman and chief technology officer after the take over 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.
Davido, Burna Boy, Bill Gates, Pope Francis, others lose Twitter verification.
The billionaire businessman had said in December that he is looking for a new leader for Twitter to enable him give more attention to Tesla.
“I will resign as CEO as soon as I find someone foolish enough to take the job!” Musk wrote on Twitter.
Musk initiated an acquisition of Twitter on April 14, 2022, and concluded it on October 27, 2022.
He said it has always be his plan to find someone to run the company.
“There’s an initial burst of activity needed post acquisition to reorganize the company,” Musk said.
“I’d find someone else to run Twitter over time.” CONTINUE READING……………………………………….
THIS IS FOR YOU🤳🏾👨🏼💻
For your Surprise birthday wishes, Business Advert Placement, Publicity Online and offline, Press Release, Social Media Management, For Your Content Writer Plug, Personality Promotion, Special Report, Featured Story, Conference, And Interviews – CONTACT US @VAM on WhatsApp/Call📞@ 08072633727 📲
THE Nigerian Military has revealed that security forces suffered casualties in the operations that led…
The National Working Committee (NWC) of the All Progressives Congress (APC) has formally unveiled Vice…
Teachers and pupils abducted from three schools in Orire Local Government Area of Oyo State…
News Update THE All Progressives Congress’ governorship candidate for the 2027 election, Mohammed Abubakar (SAN),…
News Update Global crude oil prices dropped despite the airstrikes’ resurgence between the United States…
There was jubilation in Egbedore Local Government on Friday as Osun State Governor, Senator Ademola…