Linda Yaccarino, the Chief Executive Officer of Elon Musk-owned social media platform X (formerly Twitter), has stepped down after two years on the job.
Yaccarino announced her resignation in a tweet on Wednesday but did not provide a precise reason for her departure.
However, she stated that the company was entering “a new chapter” following its recent acquisition by Musk’s artificial intelligence firm, xAI.
Yaccarino wrote, “After two incredible years, I’ve decided to step down as CEO of 𝕏.
“When #elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company.
“I’m immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App.”
She praised the efforts of the X team, noting the strides made in restoring advertiser trust and prioritising user safety.
“I’m incredibly proud of the X team; the historic business turnaround we have accomplished together has been nothing short of remarkable.
“We started with the critical early work necessary to prioritise the safety of our users, especially children, and to restore advertiser confidence.
“This team has worked relentlessly from groundbreaking innovations like Community Notes and, soon, X Money, to bringing the most iconic voices and content to the platform.
“Now, the best is yet to come as X enters a new chapter with #xai,” she added.
Yaccarino described the platform as “truly a digital town square for all voices and the world’s most powerful culture signal”, adding that it couldn’t have been achieved without users, business partners, and the team.
Musk, the world’s richest man who also runs Tesla and SpaceX, hired Yaccarino as CEO in May 2023, shortly after acquiring the platform, then known as Twitter, for $44 billion.
Yaccarino, a former advertising executive at NBC Universal, officially took over in June 2023, succeeding Musk, who had served as interim CEO following the takeover.
Musk, the world’s richest man who also runs Tesla and SpaceX, hired Yaccarino as CEO in May 2023, shortly after acquiring the platform, then known as Twitter, for $44 billion.
Yaccarino, a former advertising executive at NBC Universal, officially took over in June 2023, succeeding Musk, who had served as interim CEO following the takeover.
