X CEO Linda Yaccarino has introduced that she is stepping down because the social media platform’s chief govt. She shared her replace in a put up on X.
In her put up, Yaccarino highlighted the work that the X workforce has executed over the previous two years underneath her management. As per the chief, the corporate has made vital strides in direction of its purpose of turning into the Every little thing App. She additionally highlighted the corporate’s work in prioritizing the protection of its customers, significantly youngsters.
Following is Yaccarino’s assertion:
After two unbelievable years, I’ve determined to step down as CEO of 𝕏.
When @elonmusk and I first spoke of his imaginative and prescient for X, I knew it will be the chance of a lifetime to hold out the extraordinary mission of this firm. I’m immensely grateful to him for entrusting me with the accountability of defending free speech, turning the corporate round, and remodeling X into the Every little thing App.
I’m extremely happy with the X workforce – the historic enterprise flip round we have now achieved collectively has been nothing wanting exceptional.
We began with the essential early work essential to prioritize the protection of our customers—particularly youngsters, and to revive advertiser confidence. This workforce has labored relentlessly from groundbreaking improvements like Group Notes, and, quickly, X Cash to bringing probably the most iconic voices and content material to the platform. Now, the most effective is but to come back as X enters a brand new chapter with @xai.
X is really a digital city sq. for all voices and the world’s strongest tradition sign. We couldn’t have achieved that with out the assist of our customers, enterprise companions, and probably the most modern workforce on the planet.
I’ll be cheering you all on as you proceed to alter the world.
As all the time, I’ll see you on 𝕏.
Elon Musk has issued a response to Yaccarino’s choice to step down as X’s CEO. In a reply, Musk thanked the chief for her work on the social media platform for the previous two years.
“Thanks on your contributions,” Musk wrote.
Underneath Yaccarino’s management, X traversed rocky waters and reestablished itself as a city sq. the place the world’s most notable individuals are inside attain of on a regular basis customers throughout the globe. She additionally helped lead the corporate by means of its acquisition by Elon Musk’s synthetic intelligence startup, xAI. On the time, the deal valued X at $33 billion, decrease than the $44 billion paid by Elon Musk for Twitter however notably greater than estimates from corporations like Constancy, which valued the social media platform at under $10 billion in late 2024.
