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Friday, June 9, 2023

Musk Reveals When he Will Resign as Twitter CEO

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Twitter owner Elon Musk has confirmed he will stand by his promise to resign as the company’s chief executive (CEO), after the platform’s users voted for him to step down, but suggested that finding a successor may take some time.

“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,” Musk announced in a tweet on Tuesday.

CNBC previously reported that Musk was “actively looking, asking, trying to figure out who the candidate pool might actually be.”

On Sunday, the billionaire posted an informal poll asking Twitter users if he should step down as head of the company.

Some 57.5% of the 17 million respondents voted for Musk to leave his post. On Monday, Musk stated that henceforth only Twitter Blue subscribers will be able to voice their opinions in polls about policy changes on the platform.

After completing his $44 billion deal to buy Twitter, Musk became its majority owner, which means that no one can force him out. However, in recent weeks, the CEO has introduced a number of controversial changes that have caused a massive public backlash.

At the same time, the self-styled “free speech absolutist” authorized the release of internal documents in an effort to provide transparency about Twitter’s past decision-making.

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