The announcement of Elon Musk becoming the CEO of Twitter comes just a day after reports surfaced that the billionaire may implement a major change in Twitter Blue, which may also entail paid verification of accounts.
Chief Twit Elon Musk has announced the name of the next CEO of Twitter. Following the exit of Parag Agrawal, the billionaire has announced that he would be filling in the shoes of the former Indian-origin CEO. Along with this, Musk has also taken a major step towards the micro-blogging platform’s board.
According to a report published in BBC.com, Elon Musk has dissolved Twitter’s board of directors and assumed his control over this recently acquired social media platform. With this, the billionaire will now serve the role of Twitter’s Chief Executive, along with taking charge of other things.
A Reuters report says that Musk has also mentioned in a filing that reads, “The following persons, who were directors of Twitter prior to the effective time of the merger, are no longer directors of Twitter: Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou.”
The $44 billion Twitter deal has already made headlines for various reasons. While the entire takeover saga became a battle in the beginning, later, Musk’s changes to the micro blogging platform also made headlines.
The announcement of Elon Musk becoming the CEO of Twitter comes just a day after reports surfaced that the billionaire may implement a major change in Twitter Blue which may also entail paid verification of accounts. This means that there is a likelihood that Twitter verification may start costing people’s pockets.
Earlier this week, Elon Musk completed the deal of Twitter takeover and immediately after that, he fired the company’s top executives, including former CEO Parag Agrawal.