Elon Musk plans to appoint another person as Twitter CEO by the end of 2023.
Only till the end of this year..
Musk spoke via video at the summit in Dubai on Wednesday. At the time, he said that he will be in charge of Twitter’s CEO until the end of this year, and then he will appoint a new CEO.
But Elon Musk has said that before handing over Twitter to a new CEO, there are many things that need to be fixed, and it will take the rest of this year.
Karim Sahib | AFP | Getty Images
Twitter needs to be stabilized
He said, “I think I have to stabilize the company and make sure it is in a healthy place financially and the product roadmap is clearly laid out.
I guess the end of the year would be a good time to find someone else to run the company, because I think it should be a position at the end of the year.” He said that.
Mike Blake | Reuters
Musk took over as CEO of social media giant Twitter in October last year after it bought it for $44 billion.
Notably, in the weeks since, Musk has said he doesn’t expect to stay on as Twitter’s CEO forever and will eventually hand the reins to someone else.