Breaking News

Breaking: Musk appoints Linda Yaccarino as Twitter CEO

Twitter owner, Elon Musk, has named the former head of advertising at NBCUniversal, Linda Yaccarino, as the new Chief Executive Officer (CEO) of the microblogging platform.

Musk said Yaccarino would oversee business operations at the site, which has been struggling to make money, adding that she would start in six weeks.

Musk will however remain involved as executive chairman and chief technology officer.

“Looking forward to working with Linda to transform this platform into X, the everything app,” the billionaire, on Friday, May 12, wrote on Twitter confirming the decision a day after he had stoked speculation by writing that he had found a new boss without revealing the identity.

READ ALSO: Musk: I’ve hired new Twitter CEO

Until her appointment, Yaccarino was head of advertising at NBCUniversal.

At NBCUniversal, Yaccarino oversaw roughly 2,000 people, and was involved with the launch of its streaming service.

She joined the company in 2011, after 15 years at Turner Entertainment and has been credited with bringing the network’s ad sales operation into the digital future.

Her departure had appeared to take NBCUniversal by surprise. On Thursday, amid media reports that she would be headed to Twitter, the firm had told news outlets that she was busy preparing for an upcoming conference.

Yaccarino will bring to Twitter a rich background in advertising, which the social media company relies on to make money and which has dropped sharply since Musk’s takeover.

The Star

Segun Ojo

Recent Posts

Tinubu to workers: My govt’ll implement new minimum, living wages

President Bola Tinubu has assured civil servants of his administration's commitment to implement the new…

2 hours ago

‘Unethical’: NLC, TUC call for electricity tariff hike reversal

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have appealed to the…

3 hours ago

NLC rejects FG’s 35% pay increase, demands N615,000 living wage

The Nigeria Labour Congress (NLC) has condemned the salary increase of between 25 per cent…

3 hours ago

Tribunal grants application to stop MultiChoice tariff hike

A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has granted an application for…

5 hours ago

Naira gains, exchanges at N1,390 against dollar

The naira, on Tuesday, April 30, 2024, gained N28.15 at the official market, trading at…

8 hours ago

Adeleke: Why I’ve not taken loan to develop Osun

Osun State Governor Ademola Adeleke says he has not taken any loan since his assumption…

8 hours ago

This website uses cookies.