Elon Musk plans to appoint a new Twitter CEO to succeed Parag Agrawal
Elon Musk has lined up a new chief executive officer for Twitter, a week after making a $44 billion bid to buy the social media giant, news agencies citing unnamed sources reported.On numerous occasions, Musk has expressed his dissatisfaction with Twitter's management, including in a securities filing on April 14th.
Agrawal, who was designated Twitter's CEO in November, is anticipated to continue in his position until the firm is sold. Other top executives may be laid off after the acquisition is completed, according to rumours.On the other hand, Agrawal looks optimistic about his prospects in the organisation. On April 28, in response to a Twitter user's question about whether Agrawal had been dismissed, the CEO replied, "nope! We're still here."
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