Following Elon Musk's takeover, Twitter's leadership is likely in for a shakeup
CNN
Assuming all goes to plan, Elon Musk won't actually own Twitter for another few months but his swift deal for the company left watchers wondering what his takeover will mean for its management team. Will CEO Parag Agrawal, who's only held that position for four months, stick around? Will Musk, who already helms multiple companies, try to run the platform himself? Could cofounder Jack Dorsey, who just left to focus on running payments company Block, return to an executive role?
Musk, of course, is notoriously unpredictable but one thing seems clear: Twitter's leadership will likely look much different after the deal than it does today.
There are a few obvious initial indicators that this will happen. Twitter's board on Monday announced it had agreed to sell the social media company to Musk in a deal valued at $44 billion. The deal came just 11 days after Musk — who was initially offered a seat on the company's board but declined — made what he called his "best and final" offer for the company. In his offer letter, Musk said, "I don't have confidence in management."
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