Musk hopes to have Twitter CEO towards the end of year

Musk hopes to have Twitter CEO towards the end of year

Billionaire Elon Musk anticipates discovering a CEO for Twitter “probably towards the end of this year”.

Speaking by way of a video name to the World Government Summit in Dubai on Wednesday, Musk mentioned ensuring the platform may perform remained a very powerful factor for him.

“I think I need to stabilise the organisation and make sure it’s in a financial healthy place,” Musk mentioned when requested about when he’d title a CEO.

“I don’t know, I’m guessing probably towards the end of this year would be good timing to find someone else to run the company because I think it should be in a stable position around, you know, at the end of this year.”

On December 21, Musk mentioned on Twitter that he would resign as its chief government “as soon as I find someone foolish enough to take the job!”

He mentioned he would “just run the software & servers teams”.

Musk ran a ballot on the social media platform days earlier on whether or not he ought to step down as Twitter CEO, by which a majority of respondents mentioned he ought to.

The 51-year-old made his wealth initially on the finance web site PayPal, then created the spacecraft firm SpaceX and the electrical automotive firm Tesla.

In latest months, nevertheless, extra consideration has been centered on the chaos surrounding his $US44 billion ($A64 billion) buy of the microblogging web site Twitter.

AP and Reuters

Source: www.perthnow.com.au