In a surprising move, Elon Musk announced that he will step down as CEO of Twitter and will be replaced by Landa Yacarino, who has been appointed as the new CEO of the social media platform. Musk expressed his excitement about Yacarino’s appointment, saying that she will primarily focus on business matters while he will oversee product design and new technology.
Yacarino comes to Twitter with extensive experience in the media industry, having previously served as the chairman of global advertising and partnerships at NBC Universal. Her expertise in business strategy and partnerships is expected to be a valuable asset for Twitter as it continues to navigate the ever-evolving landscape of social media.
Elon Musk had announced earlier on Twitter that he would be stepping down as CEO in six weeks, paving the way for Yacarino to take over. Musk, who bought Twitter for $44 billion in October 2022, has been at the helm of the company since then.
Yacarino’s appointment comes at a time when Twitter is facing increasing scrutiny over issues such as misinformation, online harassment, and the spread of hate speech. Her appointment is seen as a step in the right direction for the company as it seeks to address these challenges and maintain its position as one of the leading social media platforms in the world.