Current:Home > ContactElon Musk picks NBC advertising executive as next Twitter CEO -ProfitLogic
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-26 08:43:09
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! (4351)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Raiders owner provided Las Vegas warehouse space Mike Tyson is using for training purposes
- China and US resume cooperation on deportation as Chinese immigrants rush in from southern border
- Phoenix Braces—and Plans—for Another Hot, Dry Summer
- Retirement planning: 3 crucial moves everyone should make before 2025
- You’ll Be Obsessed With Olivia Rodrigo’s Reaction to Fan Who Got A Misspelled Tattoo of Her Lyrics
- Airbnb shares slide on lower revenue forecast despite a doubling of net income
- 'Taylor Swift vs Scooter Braun: Bad Blood' docuseries coming to Max
- DoorDash steps up driver ID checks after traffic safety complaints
- Friends, former hostages praise Terry Anderson, AP reporter and philanthropist, at memorial service
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Kittens or kits? Arizona resident mistakes foxes for cats, 'kit-naps' them
- Ukrainian Olympic weightlifter Oleksandr Pielieshenko killed defending Ukraine from Russia, coach says
- Boeing Starliner launch delayed to at least May 17 for Atlas 5 rocket repair
- Travis Hunter, the 2
- Kris Jenner Shares She Has a Tumor in Emotional Kardashians Season 5 Trailer
- ASU scholar put on leave after video of him confronting woman wearing hijab goes viral
- TikTok to start labeling AI-generated content as technology becomes more universal
Recommendation
A South Texas lawmaker’s 15
Husband of Florida woman who went missing in Spain arrested in her disappearance
World Food Prize goes to 2 who helped protect vital seeds in an Arctic Circle vault
More than 321,000 children in the U.S. lost a parent to overdose in just 10 years, study finds
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
TikTok to start labeling AI-generated content as technology becomes more universal
Kim Kardashian Is Now At Odds With Unbearable Khloe in Kardashians Season 5 Trailer
11 Container Store Items That Will Organize Your Messy Desk