HomeTrending NewsElon Musk announced he will step down as Twitter CEO

Elon Musk announced he will step down as Twitter CEO

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Accountable for Twitter’s merchandise, software program, and system operations, the soon-to-be-former CEO will turn out to be govt chair and chief know-how officer.

In roughly six weeks, Elon Musk, the CEO of Twitter, will transition from CEO to govt chair and chief know-how officer of the social networking website.

Musk introduced by way of tweet on 11 Might that he had appointed a brand new CEO for X Corp., the corporate that owns Twitter. Musk is anticipated to get replaced by this new CEO in late June or early July. In October 2022, Musk acquired the social media website for $44 billion and assumed the position of CEO. The unidentified particular person will succeed Musk.

The soon-to-be-former CEO acknowledged that he’ll turn out to be govt chair and chief know-how officer of Twitter. He will likely be chargeable for the operations of merchandise, software program, and programs. When Musk grew to become CEO, he dismissed the earlier CEO, Parag Agrawal.

Content material Supply: ccointelegrap.com

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MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and comparable subjects.

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