Popular American billionaire and CEO of Twitter, Elon Musk, has announced he would be resigning as the chief executive officer (CEO) of Twitter.
The billionaire, in February 2023, had said he may step aside as CEO of Twitter and hand over the company to someone else by the end of the year.
Musk said he would act as Twitter’s chief technology officer (CTO) and chairman, when his successor — a female yet to be identified — takes over.
“Excited to announce that I have a new CEO for X/Twitter. She will be starting in six weeks,” Musk tweeted.
“My role will transition to being executive chair and CTO, overseeing product, software and system operations (sysops).”
If all goes well, the new CEO will be the first female to lead the social media giant. Since its creation, Twitter has been led by five men: Jack Dorsey, Evan Williams, Dick Costolo, Parag Agrawal, and Musk.
Last year, the Tesla billionaire said he would resign as Twitter’s CEO when he finds someone “foolish enough to take the job”.
See his post below;
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.
— Elon Musk (@elonmusk) May 11, 2023
