Current:Home > FinanceEthermac|Elon Musk picks NBC advertising executive as next Twitter CEO -TradeWise
Ethermac|Elon Musk picks NBC advertising executive as next Twitter CEO
Robert Brown View
Date:2025-04-10 15:57:22
Twitter owner Elon Musk announced in a tweet on EthermacFriday 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! (9151)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Maryland lets sexual assault victims keep track of evidence via a bar code
- Texas court finds Kerry Max Cook innocent of 1977 murder, ending decades-long quest for exoneration
- Millions sweating it out as heat wave nears peak from Midwest to Maine
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Louisiana’s new law requiring the Ten Commandments in classrooms churns old political conflicts
- Ariana Grande addresses viral vocal change clip from podcast: 'I've always done this'
- The Supreme Court upholds the conviction of woman who challenged expert testimony in a drug case
- Nevada attorney general revives 2020 fake electors case
- Kiefer Sutherland Mourns Death of Dad Donald Sutherland in Moving Tribute
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, The Price Is Right
- Gayle King Defends Justin Timberlake Following His DWI Arrest
- Putin-Kim Jong Un summit sees North Korean and Russian leaders cement ties in an anti-U.S. show of solidarity
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Lululemon's New Crossbody Bag Is Pretty in Pink & the Latest We Made Too Much Drops Are Stylish AF
- Hours-long blackout affects millions in Ecuador after transmission line fails
- Gilmore Girls' Keiko Agena Reveals She Was in “Survival Mode” While Playing Lane Kim
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Europe’s New ESG Rules Spark Questions About What Sustainable Investing Looks Like
U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry
Starting Pilates? Here’s Everything You’ll Need To Crush Your Workout at Home or in the Studio
This was the average Social Security benefit in 2004, and here's what it is now
TikTok accuses federal agency of ‘political demagoguery’ in legal challenge against potential US ban
Peace must be a priority, say Catholic leaders on anniversary of priests’ violent deaths in Mexico
Watch this quick-thinking bus driver save a stray dog on a busy street