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POLITIKOFF

Elon Musk is no longer CEO of Twitter, Linda Yaccarino officially starts in the leadership role

Politiko 2023-06-07 19:03:24

Elon Musk is no longer CEO of Twitter, Linda Yaccarino officially starts in the

Linda Yaccarino, a former NBCUniversal marketing executive, on Monday officially took over the CEO role at Twitter from Elon Musk, weeks after the billionaire announced he was hiring her for the top job at the social media company. Yaccarino tweeted:

It's happened, day one in the books! Stay tuned…

A day earlier, Yaccarino had tweeted that Twitter had hired Joe Benarroch, NBCU's former senior vice president of communications for advertising and partnerships, to join him at the company. Benarroch will work in business operations, according to his LinkedIn profile. Further, he added:

Let's get to work @Twitter! #timetofly.

The New York Times and The Information first reported that Yaccarino was expected to officially start as Twitter CEO on Monday. Twitter did not respond to a request for comment. Musk announced in May that Yaccarino, former head of global advertising and partnerships at NBCU, would take over as Twitter's CEO with a focus on business operations, after months of suggesting he planned to find a new top leader. for the struggling platform.

Recently, technology billionaire Elon Musk has regained the title of the richest man in the world. The head of Tesla, SpaceX and Twitter and French tycoon Bernard Arnault are constantly in the running for the top of Bloomberg's list of the world's richest people. However, Arnaud lost the top spot due to the fall in LVMH's share price. Markets' confidence in the strength of the luxury sector is waning, and LVMH shares have fallen about 10% since April.

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