When Will Elon Musk Step Down As Twitter CEO?

Upon his takeover of Twitter, Elon Musk positioned himself as interim CEO with no clear timeline as to when he would take away himself from the place.

Now, it appears like we could be near a solution.

Talking in an interview just about on the World Authorities Summit in Dubai on Wednesday morning, Musk was requested when he thought the correct time could be to call a brand new CEO.

Associated: Extra Than Half of Twitter’s Prime Advertisers Have Dropped Out, In keeping with a New Report

“I must stabilize the group and simply ensure it is in a financially wholesome place and the product highway map is clearly laid out,” Musk defined. “I do not know, I am guessing most likely in the direction of the top of this 12 months could be good timing to search out another person to run the corporate, as a result of I feel it ought to be in a secure place round, you recognize, on the finish of this 12 months.”

Musk has lengthy since made it clear that he has no want to carry the place completely.

In December, Musk polled his 128.9 million Twitter followers about whether or not or not he ought to step down as CEO, to which 57.5% of respondents voted sure.

“I’ll resign as CEO as quickly as I discover somebody silly sufficient to take the job,” he Tweeted out in a follow-up to the ballot. “After that, I’ll simply run the software program & servers groups.”

Musk’s reliance on utilizing polls to make main firm choices has been criticized whereas main corporations are pulling promoting {dollars} from the platform.

Latest information seen by CNN earlier this week exhibits that since Musk’s takeover of the social media platform, over half of Twitter’s prime 1,000 advertisers have stopped promoting (as of January).

Musk has not publicly indicated who a possible successor to his place could be.

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