Elon Musk will reportedly take the CEO position after exec exodus
After Elon Musk completed his Twitter takeover, multiple reports and tweets from firm staff recommended that he fired CEO Parag Agrawal, CFO Ned Segal, normal counsel Sean Edgett and head of authorized coverage, belief and security Vijaya Gadde. Now he would possibly take excessive job — no less than for now.
A report from Bloomberg recommended that Musk will take up the CEO place, however will hand it over to another person in the long run. As a CEO he should handle completely different challenges, like consumer progress, income progress and content material moderation hurdles.
Agrawal, who took over from Jack Dorsey last year after the Twitter co-founder left the corporate, has had a tenuous relationship with Musk. The Tesla CEO famously tweeted a poop emoji in reply to Agrawal’s prolonged thread about spam on the platform. The method main as much as the Twitter v. Musk trial revealed a trove of texts between completely different buyers and executives. Whereas Agrawal and Musk started their dialog cordially, their relationship soured over time.
Bloomberg’s report additionally talked about that Musk plans to raise lifelong bans on customers. Twitter famously banned former President Donald Trump final yr for breaking the platform’s guidelines and over the “danger of additional incitement of violence” following the U.S. Capitol assault. This step of unbanning all customers would possibly draw combined reactions throughout the political spectrum, and can take a look at the billionaire’s efforts as to how far he needs to go to make Twitter the “digital city sq.” he needs it to be.
We now have heard loads about Musk’s concepts as the highest man of Twitter. That included solutions of constructing “X, an everything app” to monetizing tweets in different ways. There was a variety of uncertainty round how the Tesla CEO will deal with layoffs and restructure teams on the social community through the course of the entire takeover deal ranging from April.
Whereas Twitter’s CEO, CFO and high legal professionals have been fired at this time, a number of high executives, together with former GM of consumer, Kayvon Beykpour and former revenue product lead Bruce Falck have left the corporate since Musk initiated the deal. Given so many empty seats at high administration, Musk has to usher in some high expertise to execute issues he needs to attain at Twitter.