Elon Musk reveals he’s chosen a new Twitter CEO

Only one day after Elon Musk announced he is stepping down as CEO of Twitter, the billionaire looks to have found his successor.

Linda Yaccarino is set to take over Musk’s position as head of the company.

According to the Tesla mogul, Yaccarino “will focus primarily on business operations”, leaving Musk free to “focus on product design [and] new technology”.

Yaccarino, who recently left her previous role, worked at NBC Universal as chairman of global advertising and partnerships.

“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote on Twitter.

“@LindaYacc will focus primarily on business operations, while I focus on product design & new technology,” Musk revealed. “Looking forward to working with Linda to transform this platform into X, the everything app.”

The big announcement

On Thursday, Musk took to Twitter to let people know he was stepping down and “has found a new CEO” for the company.

“Excited to announce that I’ve hired a new CEO for X/Twitter,” Musk wrote. “She will be starting in ~6 weeks!”

“My role will transition to being exec chair & CTO, overseeing product, software & sysops,” the businessman continued.

Stepping down by popular demand

The move to give up the reins at Twitter comes after Musk posted a poll on Twitter in December, only two months after acquiring the company for $44 billion.

“Should I step down as head of Twitter?” Musk asked his followers. “I will abide by the results of the poll.”

After the poll ended, 57.5 percent of voters said yes, to which he pledged to do so.

“I will resign as CEO as soon as I find someone foolish enough to take the job!” Musk quipped in a response. “After that, I will just run the software & servers teams.”

While he was in the process of vetting a new CEO, Musk reportedly commented that the right candidate “must like pain a lot” because Twitter “has been in the fast lane to bankruptcy”.