Current:Home > ScamsElon Musk picks NBC advertising executive as next Twitter CEO -Capital Dream Guides
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-12 11:53:20
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! (52)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Today’s Climate: June 11, 2010
- House Judiciary chair Jim Jordan seeks unredacted DOJ memo on special counsel's Trump probes
- Let's Bow Down to Princess Charlotte and Kate Middleton's Twinning Moment at King Charles' Coronation
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Here's what will happen at the first White House hunger summit since 1969
- Today’s Climate: June 14, 2010
- Maps, satellite images show Canadian wildfire smoke enveloping parts of U.S. with unhealthy air
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Leaking Methane Plume Spreading Across L.A.’s San Fernando Valley
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- How Muggy Is It? Check The Dew Point!
- Miss Universe Australia Finalist Sienna Weir Dead at 23 After Horse-Riding Accident
- Prince Andrew Wears Full Royal Regalia, Prince Harry Remains in a Suit at King Charles III's Coronation
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- AOC, Sanders Call for ‘Climate Emergency’ Declaration in Congress
- All the Ways Queen Elizabeth II Was Honored During King Charles III's Coronation
- Recalled Boppy baby lounger now linked to at least 10 infant deaths
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Every Royally Adorable Moment of Prince George, Princess Charlotte and Prince Louis at the Coronation
SEC sues Coinbase as feds crack down on cryptocurrency companies
They were turned away from urgent care. The reason? Their car insurance
2 killed, 3 injured in shooting at makeshift club in Houston
Encore: A new hard hat could help protect workers from on-the-job brain injuries
At Freedom House, these Black men saved lives. Paramedics are book topic
King Charles III and Queen Camilla Officially Crowned at Coronation