Elon Musk, the American billionaire and entrepreneur, announced on his microblog on May 11 that he would leave his post as CEO of Twitter (the social network is blocked in Russia) in about six weeks.
On his social media page he announced:
"I am pleased to announce that I have appointed a new Twitter executive who will take up her duties in about six weeks - although I am not yet making any public announcement revealing her name."
Elon Musk said he would take over as executive chairman and chief technology officer of the company.
Before that, Jack Dorsey (Twitter's founder and former CEO) expressed his objections to Musk's acquisition of the company. This was reportedly a reverse decision from when Musk was initially enthusiastic about buying Twitter.
On October 27, 2022, the deal was completed and Musk became the owner of Twitter. The next day it was revealed that he had ousted the previous management team.
In December last year, Musk said that he was ready to resign as CEO of Twitter. He organised a poll to ask people if he should resign as CEO and 57, 5% of those who responded said yes. He subsequently said he would submit the poll results.
Earlier, US President Joe Biden ironically commented on Spacex founder Elon Musk, referring to his failed approach to Twitter.
