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Elon Musk says new Twitter CEO will take over the reins in six weeks

Elon Musk. (Photo: EPA-EFE / Carina Johansen)

Twitter CEO Elon Musk said on Thursday that he has found a new chief executive for the social media platform and that she will be starting in about six weeks.

“My role will transition to being exec chair & CTO, overseeing product, software & sysops,” Musk said in a tweet.

Musk said in November he expected to reduce his time at Twitter and eventually find a new leader to run the social media company.

The move is likely to allay Tesla investors’ concerns, who have been increasingly worried about the time that Musk is devoting to turning around Twitter.

Tesla shares jumped 2.4% on the news.

(Reporting by Juby Babu and Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta.)

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Comments - Please in order to comment.

  • Thys Buitendag says:

    Your teaser in the email states “A new hire will be taking over the smoking heap left behind by Elon Musk”. But nothing about this “smoking heap” in the article. Was eager to learn more of this smoking heap. If fact, its is a trend at DM to use slandering/derogatory language (of people you don’t like) in the email summaries we receive, language that is more fitting to politicians, not by unbiased & fair reporters. We want facts, not your personal negative opinions of people. We subscribe, we read the articles, no need to be dramatic to gain popularity; be and stay different to the MSM, be careful not to become just another “pony” newspaper feeding on “clicks”. Stick to who you say you are “facts, trust and accuracy “. Please. And thanks for the many insightful reporting. Thys

    • bigbad jon says:

      Well said Thys51. The derogatory comment on the new Twitter was unnecessary, and wrong. Tesla shares are down again btw.

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