Current:Home > MyElon Musk picks NBC advertising executive as next Twitter CEO -FinanceCore
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-17 07:09:37
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! (77248)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Analysis: LeBron James scoring 40,000 points will be a moment for NBA to savor
- A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
- What is a 'boy mom' and why is it cringey? The social media term explained
- DoorDash steps up driver ID checks after traffic safety complaints
- Caitlin Clark makes 2 free throws to break Pete Maravich’s NCAA Division I scoring record
- PHOTOS: What it's like to be 72 — the faces (and wisdom) behind the age
- Jake Paul vs. Ryan Bourland live updates: How to watch, stream Jake Paul fight card
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Organizations work to assist dozens of families displaced by Texas wildfires
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- A Texas girl allegedly killed by a family friend is remembered as ‘precious’ during funeral service
- 2024 NFL scouting combine Sunday: How to watch offensive linemen workouts
- ‘Dune: Part Two’ brings spice power to the box office with $81.5 million debut
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Two fragile DC neighborhoods hang in the balance as the Wizards and Capitals consider leaving town
- Cancer is no longer a death sentence, but treatments still have a long way to go
- Why Joey Graziadei Is Defending Sydney Gordon After Bachelor Drama
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Texas police arrest suspect in abduction of 12-year-old girl who was found safe after 8 days
12 feet of snow, 190 mph wind gust as 'life-threatening' blizzard pounds California
RHOSLC’s Heather Gay Admits Ozempic Use Made Her Realize Body Positivity Was a Lie
Travis Hunter, the 2
The semi driver rescued dangling from a bridge had been struck by an oncoming vehicle: mayor
Missouri governor commutes prison sentence for ex-Kansas City Chiefs coach who seriously injured child in drunken-driving wreck
Here are our 10 best college podcasts in America