A few months after his pledge to step down as Managing Director, Mr. Elon Musk announced that it has found a new CEO to take over the reins Twitter.

In the coming weeks, a new CEO will take over Twitter Inc., which recently changed its name to X Corp, he said.

Musk he did not name the person who will replace himbut, according to the Wall Street Journal, citing sources, Linda Yacarinohead of advertising for NBC Universal, was negotiating for the position.

“I am delighted to announce that I have a new CEO for X/Twitter. He will take over in six weeks,” the popular platform influencer noted in a tweet.

Happy to announce that I have hired a new CEO for X/Twitter. She will start in ~6 weeks!

My role will go to Executive Chairman and CTO overseeing product, software and sysops.

— Elon Musk (@elonmusk) May 11, 2023

Musk, who has ruled the company with an iron fist since its $44 billion acquisition last October, with a series of changes and layoffs, said he will take on the role of executive chairman and chief technology officer overseeing products, software and systems.

Last December, Musk conducted a poll on Twitter asking platform users for their opinion on whether he should remain CEO, and most pointed him to the “exit” door.

Musk said he would abide by the poll’s results, but later clarified that he would hand over the position “as soon as I find someone stupid enough to take the job!” In February, he confirmed that he plans to find a replacement before the end of the year.

Source: CNN