Elon Musk looks for Twitter’s new CEO, claims report
Elon Musk is actively looking for a new CEO, a report claimed. This comes after Elon Musk asked a question in an informal poll whether he should step down as head of Twitter or not.
By ET Spotlight Special |
Agencies
Twitter owner and CEO Elon Musk is actively looking for a new chief executive officer for Twitter Inc, a report stated. The news comes after Elon Musk asked a question in an informal poll whether he should step down as head of Twitter or not.
Musk, who bought the company in October for $44 billion, has previously declared that his role as CEO will be temporary. In court in November, Musk said, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.” However, on Sunday, Musk tweeted that “there is no successor.”
“The question is not about finding a CEO, the question is finding a CEO who can keep Twitter alive,” he further added.
Twitter polls are straw polls, hence they cannot be compared to legitimate public opinion polling. An answer to a Twitter poll may potentially be registered by malicious bots or fraudulent accounts.
Bernard Arnault: Billionaire who dethroned Elon Musk as world's richest person
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Bernard Arnault, the CEO of Louis Vuitton in France, has surpassed Tesla's Elon Musk to become the world's richest person.
Bernard Arnault, the CEO of Louis Vuitton in France, has surpassed Tesla's Elon Musk to become the world's richest person.
On the Forbes real time billionaires list, Bernard Arnault is placed at the 1st position with a wealth of $188.6 billion, while Musk has slipped to second with a total net worth of $178.6 billion.
On the Forbes real time billionaires list, Bernard Arnault is placed at the 1st position with a wealth of $188.6 billion, while Musk has slipped to second with a total net worth of $178.6 billion.
For the past week, the two billionaires have been trading places for the top spot. He has risen to the top of Forbes' list of real-time billionaires.
For the past week, the two billionaires have been trading places for the top spot. He has risen to the top of Forbes' list of real-time billionaires.
The chairman of the world's leading luxury goods company was born in 1949 in Roubaix, France.
The chairman of the world's leading luxury goods company was born in 1949 in Roubaix, France.
He went on to work at the family business, which specialised in industrial construction, after graduating from an elite engineering school.
He went on to work at the family business, which specialised in industrial construction, after graduating from an elite engineering school.
He moved to the United States in 1981 to pursue a career in real estate development. He returned to France three years later and made his first foray into luxury goods in 1984, when he purchased Boussac Saint-Freres.
He moved to the United States in 1981 to pursue a career in real estate development.He returned to France three years later and made his first foray into luxury goods in 1984, when he purchased Bouss..
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Boussac Saint-Freres was a bankrupt textile group that owned Christian Dior.
Boussac Saint-Freres was a bankrupt textile group that owned Christian Dior.
During this time, Arnault grew his company into a luxury behemoth that sold Champagne, wine, spirits, fashion, leather goods, watches, and much more.
During this time, Arnault grew his company into a luxury behemoth that sold Champagne, wine, spirits, fashion, leather goods, watches, and much more.
Arnault is estimated to have $10.3 billion in cash and other assets. He is known for being a private individual who does not make many public appearances. Bernard Arnault enjoys playing tennis and is an art collector.
Arnault is estimated to have $10.3 billion in cash and other assets.He is known for being a private individual who does not make many public appearances.Bernard Arnault enjoys playing tennis and is a..
Further, the sources revealed that Musk was looking for another CEO for the organisation even before the Twitter poll was made. However, an official statement is yet to be made in this regard.
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To pay for the acquisition of Twitter, Musk sold shares of Tesla worth billions of dollars this year. Additionally, he has recruited executives, engineers and lawyers from Tesla, SpaceX, and the Boring Company to support him at Twitter.
Musk previously called himself a 'Chief Twit' and claimed that ever since he took over the platform, the usage has reached an all-time high, and that hate speech has fallen.
Meanwhile, concerns regarding the billionaire's other businesses have been raised due to the way he runs Twitter.
FAQs:
What did Elon Musk ask in the informal poll? Elon Musk asked whether he should step down as head of Twitter or not.
Why did Elon Musk sell the shares of Tesla? Elon Musk sold the shares of Tesla to pay for the acquisition of Twitter.