Current:Home > ScamsElon Musk picks NBC advertising executive as next Twitter CEO -Elevate Profit Vision
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-13 06:29:43
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! (759)
Related
- Average rate on 30
- Don Lemon Leaving CNN After 17 Years
- Biden pledged to stop funding fossil fuels overseas. It's not stopping one agency
- What — And Who — Is To Blame For Extreme Heat?
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- How climate change is killing the world's languages
- With The Expansion of CO2 Pipelines Come Safety Fears
- The Biden administration approves the controversial Willow drilling project in Alaska
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Blake Lively Makes Stylish Appearance at First Red Carpet Event Since Welcoming Baby No. 4
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- The heat is making squirrels 'sploot' — a goofy act that signals something serious
- Extreme heat will smother the South from Arizona to Florida
- Get $78 Worth of Tarte Waterproof Eye Makeup for Just $39
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- NFL Star Aaron Rodgers Leaving Green Bay Packers for New York Jets
- Climate change stresses out these chipmunks. Why are their cousins so chill?
- Check Out the Most Surprising Celeb Transformations of the Week
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
A huge winter storm is expected to affect millions across 22 states
Everything to Know About Xeomin, the Trendy Botox Alternative
How worried should you be about your gas stove?
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
The Big Bang Theory Alum Kevin Sussman Marries Addie Hall
This Off-Shoulder Maxi Dress With Hundreds of 5-Star Amazon Reviews Is the Perfect Summer Vacation Look
You'll Want to Circle Back on TikTok Star Corporate Natalie's Advice Before Your Next Performance Review