X chief steps down after two years
Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.
In a statement posted on the platform, she said she had decided to step down following what she described as "two incredible years" leading the company through a major transformation. No reason was given for her exit.
Yaccarino — a former NBCUniversal advertising executive — took over as X's CEO in June 2023, replacing Musk who had been serving in the role since his $44 billion acquisition of Twitter in October 2022.
Her appointment came as Musk sought to focus on product development while bringing in an experienced media manager to restore advertiser confidence.
The company has faced significant challenges since Musk's acquisition, including an exodus of advertisers and concerns over content moderation policies.
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