Elon Musk announces a new CEO for Twitter

Twitter now has a new CEO, a day after Elon Musk announced it in a tweet saying that the platform's new chief "will begin in approximately six weeks."

While he did not disclose the person's name, speculation among tech and media insiders mentioned figures such as former Yahoo CEO Marissa Mayer, former YouTube CEO Susan Wojcicki, and Shivon Zilis, a top executive at Musk's Neuralink.

But, the Wall Street Journal reported that Linda Yaccarino, an executive at Comcast NBCUniversal, was in discussions for the position.

Today, Musk confirmed this in a tweet, that reads:

"Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app."

After acquiring Twitter for $44 billion in October, Musk had previously stated that he would step down as CEO once he found a suitable replacement. His plan was to oversee Twitter's software and servers teams while someone else takes the CEO role.

Since taking over as Twitter's owner, Musk has made significant changes, including firing the previous CEO and other senior leaders and reducing the company's workforce by half.

He stated that his intention was to prevent the platform from becoming an echo chamber for hate and division, as well as to combat spam bots. According to Musk, Twitter is currently "roughly breaking even" financially.