By Spy Uganda Correspondent
Analysts following Twitter’s business have welcomed the news without knowing who the replacement will be.
Billionaire Elon Musk said Thursday that the new CEO of Twitter – an unnamed woman – will take over in about six weeks.
Musk, who bought Twitter last autumn has long insisted he is not the company’s permanent CEO. The Tesla boss tweeted he will transition to become the social media platform’s executive chairman and chief technology officer.
In mid-November, just a few weeks after buying Twitter for €40.24 billion, he told a Delaware court that he did not want to be the CEO of any company.
“I expect to reduce my time at Twitter and find somebody else to run Twitter over time,” Musk said while testifying.
More than a month later, he tweeted in December: “I will resign as CEO as soon as I find someone foolish enough to take the job.” The pledge came after millions of Twitter users asked him to step down in a Twitter poll the billionaire himself created and promised to abide by.
In February, he told a conference he anticipated finding a CEO for San Francisco-based Twitter “probably toward the end of this year”.
Twitter’s advertising business has taken a hit under Musk’s mercurial rule, however, he told the UK’s public broadcaster, the BBC, last month that the company was now “roughly” breaking even.