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Tuesday, October 4, 2022

Elon Musk not joining Twitter’s board: CEO

TechElon Musk not joining Twitter's board: CEO

San Francisco (Times Of Ocean)- Elon Musk has opted not to join Twitter’s board of directors, the social media platform’s CEO announced late Sunday night. board CEO

“Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best,” Parag Agrawal said in a statement on Twitter.

Musk was offered a seat on the board.

Agrawal announced Tuesday that Tesla and SpaceX founders would be appointed to the board.

“Elon Musk is our biggest shareholder and that he will remain open to his input” Parag Agrawal

Musk has become Twitter’s biggest investor after buying a 9.2% stake.

“We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input,” said Agrawal.

The decision was reversed without explanation.

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