Twitter New CEO: Elon Musk, the current CEO of Twitter, has announced his resignation and shared that a new CEO has been chosen to take over the position.
Although the name of the new CEO has not been revealed, Musk has hinted that the person is a woman.
In a tweet, Musk mentioned that he is thrilled to announce the selection of the new CEO and that she will assume the role within the next six weeks.
Following his resignation, Musk will hold the position of Executive President and Chief Technology Officer.
Although Musk did not disclose the name of the new Twitter CEO, rumours have been circulating about the identity of the person.
Kara Swisher, a journalist and insider in Silicon Valley, suggested that the new CEO might be Linda Yaccarino. Subsequently, the Wall Street Journal reported that Yaccarino is likely to take over as the new Twitter CEO.
Yaccarino is a well-known name in the media industry, having spent more than two decades in various leadership positions at NBCUniversal.
She is currently responsible for overseeing NBCUniversal's global advertising and partnerships businesses.
However, Yaccarino herself has also not made any official statements regarding the potential appointment as Twitter's new CEO.
In case Yaccarino is appointed as the new CEO, it appears that Elon Musk is following a well-known Silicon Valley strategy to operate his social media platform.
It is common for technology industry leaders to hire seasoned insiders to manage the operational aspects of their companies while they concentrate on engineering and product development.
Previously, Google's founders employed Eric Schmidt, and Mark Zuckerberg followed the same pattern at Facebook with Sheryl Sandberg serving as the COO in charge of the business side of the company, while Zuckerberg focused on product innovation.