Elon Musk steps down, hires new Twitter CEO: Who is Linda Yaccarino?

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Elon Musk is ready to step down as Twitter CEO.

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The 51-year-old South Africa-born business mogul bought the social media platform in October for $44 billion, but vowed to find someone else to run the company in December after conducting a poll via his own Twitter account.

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It now appears he’s announced he’s hired an unnamed female executive to take over in the coming weeks.

He tweeted: “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.(sic)”

Elon Musk had claimed his dog would be the new CEO

Although Musk didn’t name his successor, the Wall Street Journal reports Linda Yaccarino, who is head of advertising at NBCUniversal and helped launch their Peacock streaming channel, has been in talks to take the position.

Last month, Musk claimed his dog Floki would be the new CEO.

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He told the BBC: “I’m not the CEO of Twitter. My dog is the CEO of Twitter.”

His bizarre comment came after a series of Tweets in February, in which he posted pictures of his pet dressed in human clothing, and announced: “The new CEO of Twitter is amazing. He’s great with numbers.”

IN CLOSING | Elon Musk puts Twitter’s value at just $20 billion

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