Elon Musk says he will leave the post of Twitter CEO until the end of 2023

Elon Musk says he will leave the post of Twitter CEO until the end of 2023

Twitter CEO Elon Musk is poised to name a new CEO by the end of 2023, a year after his own resignation poll was published.

“I have to stabilize the organization and make sure it is financially sound, with a clear road map. I assume that closer to the end of the year there will be a good moment to appoint a new head of the company,” said Elon Musk at the World Government Summit in Dubai, according to Bloomberg.

He did not provide any statements or hints as to who might take over the management of the company; but posted a humorous tweet after the interview with a photo of his dog Floki sitting at his desk, writing: “The new CEO of Twitter is amazing.”

Bloomberg and CNBC reported that an active search for a new director has been underway in recent months, but no potential candidates have been found.

After a poll about his own resignation (which found 57% of more than 17.5 million people wanted her to step down), Musk said he would step down as CEO after finding a “pretty stupid” successor, but would continue to work for the company. managing the software and server departments.

Elon Musk appointed himself as CEO immediately after acquiring Twitter for an incredible $44 billion in October 2022. His leadership was marked by mass layoffs at the company, controversial policies, and a drop in advertising revenue.

The media write that the billionaire is very obsessed with his own popularity – he is so worried about the drop in his own reach on Twitter that he forces engineers to change the algorithms for him under the threat of dismissal.

Despite Musk’s comments about his impending departure, the entrepreneur repeatedly made promises that he postponed for later. Production of the promised Tesla Cybertruck will begin two years later than the original late 2021 date set for the 2019 launch. Earlier, he stated that Tesla will be able to drive independently on US roads by the end of 2017.

Musk’s resignation statement and other ambitions for Twitter can be heard in the video:

Source: The Verge

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