Musk finds new applicant for the post of CEO of Twitter, plans to fire current board

By tdpel

Published: April 29, 2022 | 3:44 PM GMT

Reports revealed that Musk has found a new applicant for the post of CEO of Twitter. However, there are no details about the nomination.

Musk has previously said he plans to get rid of Twitter’s board of directors compensation, which would save about $3 million. In addition, the businessman plans to create additional ways to monetize some messages on Twitter.

On April 25, the entrepreneur bought Twitter for $44 billion. Morgan Stanley bank agreed to provide him with a $12.5 billion margin loan secured by Tesla shares. Musk also planned to pay $21 billion in personal funds. At the same time, the largest private investment groups refused to give money to the billionaire to buy out the social network.

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About tdpel

Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.