CEO Elon Musk actively searching for new chief for Twitter: Report

Billionaire Elon Musk is actively searching for a new chief executive officer for Twitter Inc, CNBC reported on Tuesday, citing sources

Elon Musk
Elon Musk (Photo: Bloomberg)
BS Web Team New Delhi
2 min read Last Updated : Dec 20 2022 | 11:47 PM IST
Twitter's billionaire CEO Elon Musk is looking for a replacement CEO, CNBC reported on Tuesday, citing sources. Only a few weeks after taking over as CEO of the social media giant Twitter, users voted on Monday to remove Musk in a poll he organised and vowed to honour.

On the same day that users overwhelmingly supported his resignation as the social media platform's CEO in a poll, Musk, who also owns the car manufacturer Tesla and the rocket company SpaceX, announced that Twitter will only allow paying Twitter Blue subscribers to vote in polls related to public policy.

A Twitter Blue user suggested that only subscribers should be able to vote in policy polls, and the billionaire answered with "Good point. Twitter will make that change", without specifying when the change would come into effect.

Over 17 million accounts, or about 57.5 per cent, voted for him to resign. "The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive," the South African-born billionaire tweeted before the vote closed.

"No one wants the job who can actually keep Twitter alive. There is no successor," he added in response to another tweet.

Musk took complete control of Twitter on October 27. As CEO, he has frequently courted controversy by firing half of the company's employees, re-admitting far-right leaders to the site, suspending journalists, and attempting to charge for previously free services.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Elon MuskTwitterSocial MediaBS Web ReportsTesla Elon MuskSocial media appsemployeeElon Musk TeslaChief executive officer

Next Story