Gerstner’s case is instructive – a former McKinsey partner, he had previously headed up RJR Nabisco and American Express, neither of which operated in the tech space other than as consumers of enabling platforms. Think of Lou Gerstner, who became CEO of the faltering tech giant IBM and turned things around. The re is an expression for such an impossible assignment – “It’s like giving a kamikaze pilot a two-ship quota.” But it could also present a unique career opportunity. Given all of this, does taking up the position as T witter CEO in 2023 represent a mission impossible – or the opportunity of a lifetime? ” (Trump was kicked off the platform in 2021 Musk invited him back recently, but thus far, the ex-president has demurred.) Will Musk give a new Twitter CEO the chance to succeed? Plus, there was the matter of Donald Trump, whose tweets gave new meaning to the expression “stretching the truth. Hailed in 2011 for its role in promoting democratic reform during the Arab Spring, and in 2014 for its utility in helping to mobilize voters and electing Barak Obama as the first African American President of the United States, it also was increasingly used to promote racis t, misogynistic, and a nti-Semitic tropes.
#Twitter ceo pushes top execs hiring free
In 2021, on $5 billion in revenues, it suffered a loss of $220 million.Īdd to this the company’s very mixed record on the topic of free speech vs.
#Twitter ceo pushes top execs hiring crack
A succession of CEO’s including Dorsey, Evan Williams, and Parag Agrawal, all struggled to crack this nut. What Twitter has thus far failed to do, in contrast to Google, Facebook, and even LinkedIn, is effectively “monetize” its brand. The company has an iconic brand and, as of 2022, had over 360 million active users worldwide. Twitter was founded in 2006 by Jack Dorsey and other Silicon Valley entrepreneurs. It is important to put all of this in historical context. What traits would that person need to possess? What competitive challenges would that individual face? And how, exactly, would you deal with Musk, who not only owns the company but is famously mercurial? There is no successor.”īut let us assume for a moment that there is a genuine effort to find a new Twitter CEO. Musk said he would accede to the wishes of the majority and called for candidates, but then tweeted this : “No one wants the job who can actually keep the company alive. Of the 17.5 million users who responded, 5 7.5 % said “yes. Musk conducted a straw poll in mid-December on Twitter, asking if he should relinquish the CEO role. īut Tesla shareholders are not the only ones suggesting Musk give up the CEO role at Twitter. Musk to concentrate more of his management attention on the EV company, whose share price dropped during the Twitter acquisition drama and its aftermath. The shareholders of Tesla, another one of Musk’s companies which, unlike Twitter, is still publicly traded, have signaled they would like Mr.
Musk currently holds the CEO title, but in December, he stated that “I frankly don’t want to be the CEO of any company. Elon Musk, who acquired Twitter for $44 billion in October, is in the market for a new Twitter CEO.
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