Current:Home > reviewsElon Musk picks NBC advertising executive as next Twitter CEO -TradeWise
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-12 12:30:36
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! (23)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Hilarie Burton Defends Sophia Bush After Erin Foster Alleges She Cheated With Chad Michael Murray
- Ohio Woman, 23, Sentenced to 15 Years to Life in Prison For Stabbing Mom Over College Suspension
- Biden, others, welcome the release of an American mother and daughter held hostage by Hamas
- Trump invites nearly all federal workers to quit now, get paid through September
- You won't believe the nutrients packed into this fruit. It's bananas!
- A tent camp for displaced Palestinians pops up in southern Gaza, reawakening old traumas
- Man fined $50K in Vermont for illegally importing carvings made of sperm whale teeth, walrus tusk
- Intel's stock did something it hasn't done since 2022
- DeSantis allies ask Florida judge to throw out Disney’s counterclaims in lawsuit
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 19 Ghoulishly Good Gift Ideas for Horror Movie Fans
- Rafah border remains closed amid mounting calls for Gaza aid: Reporter's notebook
- Denver wants case against Marlon Wayans stemming from luggage dispute dismissed
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Man gets 13-year sentence for stabbings on Rail Runner train in Albuquerque
- AP Week in Pictures: Europe and Africa
- 'Killers of the Flower Moon' depicts an American tragedy, Scorsese-style
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Biden says Hamas attacked Israel in part to stop a historic agreement with Saudi Arabia
SAG-AFTRA asks striking actors to avoid certain popular characters as Halloween costumes
Georgia prison escapees still on the lam after fleeing Bibb County facility: What to know
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Spain’s royals honor Asturias prize winners, including Meryl Streep and Haruki Murakami
U.S. winter outlook: Wetter South, warmer North and more potential climate extremes, NOAA says
Church parking near stadiums scores big in a win-win for faith congregations and sports fans