Twitter CEO Elon Musk said he has hired a female to assume his role (Picture: Getty Images)
Twitter boss Elon Musk announced he has hired a female to be CEO of Twitter and that he will ‘transition’ to other roles within the company.
‘Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!’ tweeted Musk on Thursday afternoon.
‘My role will transition to being exec chair & CTO, overseeing product, software & sysops.’
Musk did not immediately reveal who the new CEO will be.
Musk purchased Twitter in October for $44million and has faced criticism for changes he’s made to the social media platform.
Soon after becoming the ‘Chief Twit’, Musk fired some executives and hundreds of employees, saying that it was necessary to make the company healthy financially.
Twitter’s company name was recently changed to X Corp, which is what ‘X’ referred to in Musk’s tweet.
Some Tesla shareholders were upset that Musk becoming Twitter boss was taking time away from his work with the automaker. Tesla’s shares jumped 2% after Musk’s announcement, signaling that investors were keen on the development.
Elon Musk will transition into the executive chair and CTO roles (Picture: Reuters)
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‘She will be starting in ~6 weeks!’ tweeted Twitter CEO Elon Musk.