On Thursday, Elon Musk, CEO of Twitter, announced that the company’s next CEO would be a woman. Musk did not disclose the name of the incoming CEO but confirmed that she would begin in about six weeks, with Musk remaining in an executive capacity to oversee product and software. The transition comes after a year of significant changes for Twitter, including Musk reducing the workforce to about 1,000 employees.
The incoming CEO is allegedly Linda Yaccarino, who currently follows several anti-woke and even outright conservative people on Twitter.
Additionally, Yaccarino is a seasoned ad executive who shares Musk’s political leanings, but is also the Chairman of a World Economic Forum task force.
Musk completed the purchase of Twitter in October for $44 billion and has since made several adjustments to the platform. He transformed the company by firing several employees, including the communications division, made changes to Twitter Blue, the company’s paid subscription service, including the removal of “legacy bluechecks” and new capabilities such as longer tweets, videos, and editing tools. He also added voice and video chats, as well as encrypted direct communications.
The announcement of a new CEO follows Musk’s recent tweet about wanting to sell a portion of his Twitter shares, stating that he did not want to be the controlling shareholder.