The owner of Twitter, Elon Musk, who has also served as CEO of the company since he purchased it, announced tonight (Wednesday) that he will resign from his position as CEO when he finds a suitable replacement.
“I will resign as CEO as soon as I find someone stupid enough to take the job. After that, I’ll just head up the company’s software and server teams,” Musk tweeted tonight.
Musk, who bought the company for $44 billion in October, has previously said his role as CEO would be temporary. In court in November, Musk said, “I look forward to reducing my time at Twitter and finding someone else to run Twitter long-term.” However, on Sunday , he wrote in a tweet that “there is no successor.” “The question is not to find a CEO, the question is to find a CEO who can keep Twitter alive,” he wrote.
The billionaire released an informal poll on Sunday asking Twitter users if he should step down as the company’s head, and a majority of the 17 million respondents voted for Musk to step down. He said on Sunday that he would stand by the poll results. However, the sources claimed that Musk’s search for a new CEO was ongoing and began before the Twitter poll was conducted.