Twitter's owner and CEO, Elon Musk, has announced his decision to step down from the company's top role in a tweet published via his personal account.
Musk revealed he has hired a new person for the role and she will start in approximately six weeks. He then went on to state that his role will transition to executive chairman as well as Chief Technology Officer in which capacity he will oversee "product, software and sysops."
While Musk didn't reveal the mystery hire in his original tweet, he has since confirmed it is Linda Yaccarino, the current head of advertising at the American media and entertainment behemoth NBCUniversal. He tweeted, "I am excited to welcome Linda Yaccarino as the new CEO of Twitter!
He went on to clarify that Yaccarino will focus primarily on business operations, while he will focus on product design & new technology. Finally, he wrote "Looking forward to working with Linda to transform this platform into X, the everything app."
Musk's revelation comes several months after he announced he would step down as Twitter CEO last December. The CEO and founder of SpaceX had earlier run a Twitter poll asking users to vote on whether he should remain as the CEO or if he should step down. With 57% of voters in support of his resignation, he had promised to vacate the role as soon as he finds someone "foolish enough to take the job."
