Former NBCUniversal advertising chief Linda Yaccarino will become Twitter’s new CEO, current chief executive Elon Musk said on Friday in a tweet. "I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk said. Last month, NBC parent Comcast said NBCUniversal CEO Jeff Shell was leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation. Musk, the CEO of electric vehicle maker Tesla, completed his purchase of Twitter in October for $44bn. Shares of Tesla were down 1.3 percent on Friday, as analysts commented that a CEO hire would allow Musk to concentrate on the EV business.

Source: News 24 May 13, 2023 01:00 UTC