Current:Home > ScamsElon Musk picks NBC advertising executive as next Twitter CEO -AssetTrainer
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-14 10:57:38
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! (7)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- For Appalachian Artists, the Landscape Is Much More Than the Sum of Its Natural Resources
- The Bear Fans Spot Season 3 Editing Error About Richie's Marriage
- Data shows hurricanes and earthquakes grab headlines but inland counties top disaster list
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Delta cancels hundreds more flights as fallout from CrowdStrike outage persists
- Dave Bayley of Glass Animals reflects on struggles that came after Heat Waves success, creative journey for new album
- Blake Lively Channels Husband Ryan Reynolds During Rare Red Carpet Date Night at Deadpool Premiere
- Intel's stock did something it hasn't done since 2022
- Psst! Banana Republic’s Summer Sale Is Full of Cute Workwear up to 60% Off, Plus 20% off Select Styles
Ranking
- Meet first time Grammy nominee Charley Crockett
- Calls for Maya Rudolph to reprise her Kamala Harris interpretation on SNL grow on social media
- Emma Hayes realistic about USWNT work needed to get back on top of world. What she said
- Keanu Reeves explains why it's good that he's 'thinking about death all the time'
- Trump invites nearly all federal workers to quit now, get paid through September
- To Help Stop Malaria’s Spread, CDC Researchers Create a Test to Find a Mosquito That Is Flourishing Thanks to Climate Change
- Kathy Hilton Reacts to Kyle Richards' Ex Mauricio Umansky Kissing Another Woman
- Horoscopes Today, July 22, 2024
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
A man suspected of shooting a Tennessee Highway Patrol trooper is arrested in Kentucky
Where Ben Affleck Was While Jennifer Lopez Celebrated Her Birthday in the Hamptons
2 killed when small plane crashes after takeoff from Long Island airport
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Calls for Maya Rudolph to reprise her Kamala Harris interpretation on SNL grow on social media
Pope Francis calls for Olympic truce for countries at war
2024 Olympics: A Guide to All the Couples Competing at the Paris Games