National
X chief steps down after two years
The company has faced significant challenges since Musk's acquisition
SAN FRANCISCO:
Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.
In a statement posted on the platform, she said she had decided to step down following what she described as “two incredible years” leading the company through a major transformation. No reason was given for her exit.
Yaccarino — a former NBCUniversal advertising executive — took over as X’s CEO in June 2023, replacing Musk who had been serving in the role since his $44 billion acquisition of Twitter in October 2022.
The company has faced significant challenges since Musk’s acquisition, including an exodus of advertisers and concerns over content moderation policies.
