Elon Musk says he has found new Twitter CEO

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Elon Musk says he has found new Twitter CEO
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SAN FRANCISCO - Elon Musk said on Thursday (May 11) that he has found a new chief executive for the social media platform, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job. Musk said in a tweet: 'Excited to announce that I've hired a new...

Musk said in November he will eventually find a new leader to run the social media company.SAN FRANCISCO - Elon Musk said on Thursday that he has found a new chief executive for the social media platform, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job.

Musk, who took over as chief executive of Twitter when he completed his US$44 billion purchase of the company in October, said in December that he would step aside as chief executive once he found "someone foolish enough to take the job".The WSJ cited people familiar with the situation in saying that Yaccarino was in talks for the top post.

When asked for comment, an NBCUniversal spokesman said, "Linda is in back-to-back rehearsals for the Upfront," referring to a presentation NBCUniversal will host for advertisers in New York on Monday. Former Yahoo chief executive Marissa Mayer was suggested in conversations between Twitter employees on Thursday, according to one staffer.

Musk's post about a new Twitter chief executive came about 15 minutes before the close of Wall Street on Thursday, and Tesla shares closed two per cent higher."The boat anchor called Twitter is loosened from Musk's ankle. Now he can get back to spending more time creating value at Tesla," said Craig Irwin, analyst at Roth MKM.In a Twitter poll started by Musk in December, 57.5 per cent of users voted for him to step down as chief executive of the social media platform.

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