Musk says he has found a new CEO for Twitter
Twitter CEO Elon Musk said on Thursday that he has found a new chief executive for the social media platform and that she will be starting in about 6 weeks, Azernews reports citing Reuters.
"My role will transition to being exec chair & CTO, overseeing product, software & sysops," Musk said in a tweet.
Musk, however, did not name the candidate.
The move is likely to allay Tesla investors' concerns, who have been increasingly worried about the time that Musk is devoting to turning around Twitter.
Tesla Inc (TSLA.O) shares jumped 2.4% in volume spike on the news.
Musk, who said in November he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, has previously not named any prospective candidates.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!