Current:Home > reviewsElon Musk picks NBC advertising executive as next Twitter CEO -WealthRise Academy
Elon Musk picks NBC advertising executive as next Twitter CEO
Ethermac Exchange View
Date:2025-04-11 08:10:22
Twitter owner Elon Musk announced in a tweet on Friday that Linda Yaccarino, a veteran media executive who led advertising at NBCUniversal for more than a decade, will succeed him as the platform's next CEO.
"I am excited to welcome Linda Yaccarino as the new CEO of Twitter!" Musk wrote.
"[Yaccarino] will focus primarily on business operations, while I focus on product design & new technology," Musk continued. "Looking forward to working with Linda to transform this platform into X, the everything app."
Hours earlier Friday, NBCUniversal announced that Yaccarino "is leaving the company, effective immediately," according to a statement.
"It has been an absolute honor to be part of Comcast NBCUniversal and lead the most incredible team," Yaccarino said.
Musk had tweeted Thursday that he had picked someone for the No. 1 job, the position currently occupied by himself. But left crucial details, like the person's identity, vague.
Yaccarino has led advertising at NBCUniversal for more than a decade, leading a team of more than 2,000 people, according to her LinkedIn profile. That's larger than Twitter's estimated workforce, now about 1,500 employees, or roughly 20% of the company's size pre-Musk.
Before NBCUniversal, Yaccarino headed ad sales and marketing at Turner Broadcasting System, currently owned by Warner Bros. Discovery, for more than a decade.
In December, Musk polled Twitter users about resigning as its chief executive. "Should I step down as head of Twitter? I will abide by the results of this poll," he tweeted.
Of the 17.5 million responses, 58% said "Yes."
Musk and Yaccarino shared a stage weeks earlier
Yaccarino and Musk appeared on stage together at a marketing conference in Miami in April.
She pressed Musk about Twitter's new "Freedom of Speech, Not Reach" safety policy, aimed at preserving the "right to express their opinions and ideas without fear of censorship."
Musk said that if someone wants to say something that is "technically legal" but "by most definitions hateful," Twitter would allow it to stay on the site but behind a "warning label."
When asked by Yaccarino how Twitter will ensure advertisements don't appear next to negative content, Musk said the site has "adjacency controls" to prevent that from happening.
Twitter has seen advertising sales plummet in a harsh economic climate for tech companies and the media industry.
In the weeks following Musk's acquisition last fall, more than half of Twitter's top 100 advertisers fled the site, citing warnings from media buyers.
Advertising had accounted for the majority of Twitter's revenue before Musk took the company private, according to SEC filings.
Yaccarino is the second executive to leave the network in recent weeks. Its parent company, Comcast, ousted NBCUniversal CEO Jeff Shell after an employee filed a formal complaint accusing him of sexual harassment.
Yaccarino was set to participate in a key marketing presentation for NBCUniversal next week in New York commonly called the "upfronts," where media companies aim to persuade brands to spend big dollars on commercial time.
veryGood! (4)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- All of You Will Love All of Chrissy Teigen and John Legend's Family Photos
- State line pot shops latest flashpoint in Idaho-Oregon border debate
- Adam Sandler's Daughter Sunny Sandler Is All Grown Up During Rare Red Carpet Appearance
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Nations Most Impacted by Global Warming Kept Out of Key Climate Meetings in Glasgow
- Anheuser-Busch CEO Addresses Bud Light Controversy Over Dylan Mulvaney
- Tom Brady Mourns Death of Former Patriots Teammate Ryan Mallett After Apparent Drowning
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- With Trump Gone, Old Fault Lines in the Climate Movement Reopen, Complicating Biden’s Path Forward
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- State Tensions Rise As Water Cuts Deepen On The Colorado River
- Nations Most Impacted by Global Warming Kept Out of Key Climate Meetings in Glasgow
- Texas A&M University president resigns after pushback over Black journalist's hiring
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Judge rules Fox hosts' claims about Dominion were false, says trial can proceed
- A Great Recession bank takeover
- Discover These 16 Indiana Jones Gifts in This Treasure-Filled Guide
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Photo of Connecticut McDonald's $18 Big Mac meal sparks debate online
Inside Clean Energy: Yes, We Can Electrify Almost Everything. Here’s What That Looks Like.
Adam Sandler's Daughter Sunny Sandler Is All Grown Up During Rare Red Carpet Appearance
Nearly half of US teens are online ‘constantly,’ Pew report finds
Honda recalls more than 330,000 vehicles due to a side-view mirror issue
Venezuela sees some perks of renewed ties with Colombia after years of disputes
The $7,500 tax credit to buy an electric car is about to change yet again