Twitter CEO Elon Musk announced in December 2022 that he was stepping down from the role after a user poll showed 57.5 percent of respondents thought he should. On Thursday, he announced that he’s picked a successor and will hand over the reins of the company in six weeks.
He did not name the choice, but indicated that it’s a woman by referring to her as “she.” He also said he would continue as an executive chairman & chief technology officer:
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023
He had previously indicated that he would hire someone else for the position, tweeting in December, “I will resign as CEO as soon as I find someone foolish enough to take the job!”
I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
— Elon Musk (@elonmusk) December 21, 2022
Musk has made a huge number of changes in his time at the helm:
After acquiring Twitter in October , Musk made major changes to the company and its platform. In an effort to significantly slash costs, the company has cut roughly 75% of its 7,500-person workforce, raising concerns about Twitter’s capacity to maintain its platform.
Twitter suffered a user outage in February that lasted for hours and required an emergency fix, prompting an apology from the company.
Musk has also sought to rejuvenate the platform’s subscription offering as a means of supplementing its advertising revenue. Under Twitter’s new subscription, users gain access to account verification — the site’s signature blue checkmark — for an $8 monthly fee, which amounts to $96 per year.
He also expanded and improved a crowdsourced fact-checking and context-adding feature called “Birdwatch”—now “Community Notes”—which has led to some delicious takedowns of politicians and blowhards who are now getting fact-checked for their misinformation:
Who might the new CEO be? Humorous tweeters “speculated” on the person who will get the presumably large corner office (parody):
It's finally happening… 😉pic.twitter.com/2KmhGVtxmj
— Chief Nerd (@TheChiefNerd) May 11, 2023
Musk certainly has a way of keeping his name in the news these days. It was just on Tuesday that former Fox News host Tucker Carlson dropped a bombshell video announcing that he will air his new show on Twitter. Although the show is likely to bring millions of viewers, Musk wanted to make clear that he did not sign a deal with Carlson, tweeting:
On this platform, unlike the one-way street of broadcast, people are able to interact, critique and refute whatever is said.
And, of course, anything misleading will get @CommunityNotes.
I also want to be clear that we have not signed a deal of any kind whatsoever. Tucker is subject to the same rules & rewards of all content creators.
He also welcomed voices from the other side of the aisle, writing “I hope that many others, particularly from the left, also choose to be content creators on this platform.”
It will be interesting to see who the new mystery CEO turns out to be. Let the speculation begin!