Twitter boss, Elon Musk revealed he’s employed a lady to take over from him as the brand new chief govt officer.

Musk, who purchased Twitter in October 2022, tweeted: ‘Excited to announce that I’ve a brand new CEO for X/Twitter. She will likely be beginning in ~6 weeks!

‘My position will transition to being exec chair & CTO (chief know-how officer), overseeing product, software program & sysops.’

Musk has not but revealed the id of his new CEO. He has slashed round 70 % of Twitter’s employees since shopping for the agency for $44 billion, together with its total govt crew.

Musk can also be the CEO of Tesla and rocket maker SpaceX.

Shortly after the announcement, Tesla’s shares reportedly jumped greater than 2 %, in an indication that traders have been happy in regards to the transfer. 

A gaggle of shareholders publicly urged the board in April to make sure that Musk devoted extra time to the corporate.

The letter mentioned that they had turn out to be ‘more and more involved with governance and management points on the firm.’