Saturday, December 3, 2022
HomeAll Ch00 Ch00 NewsElon Musk named sole director of Twitter, dissolves board

Elon Musk named sole director of Twitter, dissolves board

Listen To The Article Below

 

e

lon Musk has been named sole director of Twitter, dissolving the board in place before he completed his $44 billion acquisition of the company, the social media platform said in a securities filing on Monday.

Musk became the sole director of the company “in accordance with the terms of the Merger Agreement,” the company told the Securities and Exchange Commission. 

Twitter’s board members Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou will no longer serve on the board, the company said. 

The disbanding of the board is among the string of changes the billionaire Tesla and SpaceX CEO put in place after assuming ownership of the company last week, concluding a six-month process. 

After the acquisition, Musk also reportedly let go of some of the company’s top executives, including Chief Executive Officer Agrawal, Chief Financial Officer Ned Segal and Vijaya Gadde, the head of legal policy.

 

 
 
 

MIDTERMS COUNTDOWN

READ THE REST @thehil
READ MORE @CH00 CH00 NEWS
RELATED ARTICLES

Chillin @ Choo's

LIVE: Eruption at Mauna Loa Volcano, Hawaii

War Room Live 7-9 am 2-4 pm PST

Seattle
light rain
34.4 ° F
36.8 °
31.9 °
91 %
4.2mph
100 %
Sat
36 °
Sun
33 °
Mon
35 °
Tue
36 °
Wed
40 °

ALL CHOO CHOO NEWS

Donate to $Ch00Ch00News

Ch00 Ch00 News
13036 SE Kent Kangley Rd, Suite #237
Kent, WA 98030

https://cash.app/$Ch00Ch00News

DONATE