Watch Elon Musk steps down, hires new Twitter CEO video

Billionaire Elon Musk has announced that he has hired a new Twitter CEO as his job title changes. Image: Twitter/@elonmusk

WATCH: Elon Musk hires new Twitter CEO [VIDEO]

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Watch Elon Musk steps down, hires new Twitter CEO video

Billionaire Elon Musk has announced that he has hired a new Twitter CEO as his job title changes. Image: Twitter/@elonmusk

NEWS IN A MINUTE: Listen or watch the full versions of the ”Elon Musk steps down, hires new Twitter CEO: Who is Linda Yaccarino?” article in a minute.

Elon Musk is ready to step down as Twitter CEO. The 51-year-old South Africa-born business mogul bought the social media platform in October for $44 billion, but vowed to find someone else to run the company in December after conducting a poll via his own Twitter account. It now appears he’s announced he’s hired an unnamed female executive to take over in the coming weeks.

Although Musk didn’t name his successor, the Wall Street Journal reports Linda Yaccarino, who is head of advertising at NBCUniversal and helped launch their Peacock streaming channel, has been in talks to take the position. Last month, Musk claimed his dog Floki would be the new CEO. He told the BBC: “I’m not the CEO of Twitter. My dog is the CEO of Twitter.”

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NEWS IN A MINUTE ON: ELON MUSK STEPS DOWN AT TWITTER

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