Business news from Ukraine

Twitter has new CEO

14 May , 2023  

Twitter owner Ilon Musk said Friday that Linda Iaccarino, who was previously head of advertising at U.S. media corporation NBCUniversal, has become the company’s new CEO.
“I am pleased to welcome Linda Iaccarino as Twitter’s new CEO,” Musk wrote on Twitter.
He added that Iaccarino will focus primarily on business processes, while he himself will focus on “product design and new technology.”
Earlier on Friday, NBCUniversal announced that Linda Iaccarino was leaving her post at the company.
Musk himself had announced the day before that he had found a new head for the social network he bought.
Musk and Iaccarino recently appeared together at a conference in Miami, where they gave a keynote speech entitled “Twitter 2.3: From Conversations to Partnerships.”
Musk bought the microblogging service for $44 billion last year. The deal, announced in April, was not closed until late October after lengthy litigation between the parties.

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