Current:Home > ContactElon Musk picks NBC advertising executive as next Twitter CEO -GrowthSphere Strategies
Elon Musk picks NBC advertising executive as next Twitter CEO
View
Date:2025-04-13 15:51:32
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! (973)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- McDonald's president hits back at claims Big Mac prices are too high amid inflation
- Kourtney Kardashian Reveals She and Travis Barker Keep Vials of Each Other’s Blood
- Master the Sunset Blush Trend: Your Step-by-Step Guide to Summer 2024's Hottest Makeup Look
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Reading the ‘tea leaves': TV networks vamp for time during the wait for the Donald Trump verdict
- Dakota Fanning Shares Reason She and Sister Elle Fanning Aren't Competitive About Movie Roles
- Sixth Outer Banks house collapse since 2020: Photos capture damage as erosion threatens beachfront property
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- USA gymnastics championships: Brody Malone leads after first night for a major comeback
Ranking
- A South Texas lawmaker’s 15
- Mets pitcher Jorge Lopez blasts media for igniting postgame controversy
- New Hampshire refuses to reinstate license of trucker acquitted in deadly crash
- Jennie Garth Shares How Body Image Struggles Have Led to Unhealthy Habits
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Minneapolis teen sentenced to more than 30 years in fatal shooting at Mall of America
- Person dies after falling into engine of departing passenger jet at Amsterdam airport
- Former NBA player Drew Gordon, brother of Nuggets star Aaron Gordon, dies in car accident
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Women's College World Series 2024 highlights: UCLA tops Alabama in opener with 3-run blast
Who is playing in the NBA Finals? Boston Celtics vs. Dallas Mavericks schedule
Beyoncé stylist Zerina Akers goes country with new Cirque Du Soleil show
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Answers to your questions about Donald Trump’s historic hush money trial conviction
Angelina Jolie and Daughter Vivienne Make Red Carpet Appearance Alongside Kristen Bell
U.S. hurdler Lashinda Demus will get Olympic gold medal 12 years after she lost to Russian who was doping