Twitter Inc. will have a new CEO soon, and this was announced by Elon Musk himself. While the current chief of the social media company did not mention a name, he used a gender-specific pronoun of “she.”
Apparently, Musk has picked a woman to lead Twitter which has been renamed X Corp. The billionaire made the announcement via a social media post and said that she would start working for the company in six weeks.
“Excited to announce that I have a new CEO for X/Twitter. She will be starting in 6 weeks!” he tweeted on May 12. “My role will transition to being executive chair and chief technology officer (CTO), overseeing product, software & sysops.”
Musk acquired Twitter last year, and he has been its CEO since then. He already said before that he will find someone to replace him since his post is not permanent.
Associated Press News also reported that just a few weeks after acquiring the social media platform for $44 billion, the Tesla and SpaceX owner told a federal court in Delaware that he does not want to be the chief executive of any company. He also said that he will find someone else to lead Twitter.
In December 2022, Musk posted another tweet saying he will immediately resign as soon as he finds a new CEO who is “foolish enough to take the job.” This post was in response to the calls of Twitter users asking him to step down.
It appears that he is keeping his promise and handing over the CEO role to the still unnamed executive, although Financial Times reported that Musk is in talks with Linda Yaccarino to be the new Twitter chief. She is said to be the head of advertising at NBCUniversal.
FT contacted Yaccarino for comments, but she did not reply to an email, so there is no confirmation yet if she is indeed the replacement that Musk has hired.
Photo by: Alexander Shatov on Unsplash


MOL Gets More Time to Negotiate Acquisition of Russian-Owned Stake in Serbia’s NIS
Alaska Air Group Eyes Return of Financial Guidance as Fuel Market Volatility Eases
SpaceX Sets IPO Price at $135 Per Share Ahead of Historic Nasdaq Debut
OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets
Qualcomm Stock Gains After Jensen Huang Endorsement
Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO
Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028
oOh!media Takeover Battle Intensifies as Bain Capital Joins Competing Bids
Intesa Sanpaolo Launches €30.6 Billion Bid for Monte dei Paschi to Drive Italian Banking Consolidation
SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans
J.P. Morgan Sees Major Upside for Prysmian as Optical Fiber Prices Surge
GM and Peak Energy Partner to Advance Sodium-Ion Battery Technology for Grid Storage
South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge
TSMC Sees Strong AI-Driven Growth as Demand for Advanced Chips Continues to Surge
BHP Port Hedland Workers Back Strike Action Amid Pay Dispute
Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates 



