
Elon Musk announced on Thursday that Twitter, or what is now known as X Corp., has a new CEO.
Although he did not give her name, she will begin in approximately six weeks.
Musk has been adamant that he is not the company’s long-term CEO since he bought Twitter last fall and has been operating it since.
On Thursday, the wealthy Tesla executive tweeted that he will now serve as Twitter’s executive chairman and chief technical officer.
For almost six months, Musk has stated that he intends to recruit a new CEO for San Francisco-based Twitter.
Just a few weeks after purchasing the social networking platform for $44 billion, in mid-November, he declared in front of a Delaware court that he did not want to lead any corporation.
While testifying, Musk claimed, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.”
In December, he tweeted more than a month later: “I will resign as CEO as soon as I find someone foolish enough to take the job.”
This vow came in response to the millions of Twitter users who had requested it in a poll the billionaire had set up and promised to follow through on.
At a February conference, he stated that he expected Twitter to find a CEO “probably toward the end of this year.”
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023

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