Twitter CEO, CFO Get the Boot as Elon Musk Takes Helm

Elon-Musk-on-stage

Tesla CEO Elon Musk has completed the Twitter acquisition, and several changes have already been made.

Twitter CEO Parag Agrawal and CFO Ned Segal are no longer a part of the company, according to CNBC. Sources familiar with the matter told Reuters the executives were fired. Twitter’s head of legal, policy and trust, Vijaya Gadde, also is no longer with the company.

Agrawal and Segal were at the platform’s headquarters and escorted out when the deal closed, anonymous sources said.

On Oct. 27, Musk wrote a statement aimed at Twitter’s advertisers. He began the statement by sharing why he bought Twitter.

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence. There is currently great danger that social media will splinter into far right-wing and far left wing echo chambers that generate more hate and divide our society,” he wrote.

The Chief Twit also said advertising can delight, entertain and inform when done right. However, it is “essential to show Twitter users advertising that is as relevant as possible to their needs.”

On Oct. 26, Musk visited with several Twitter employees, and somewhere at its headquarters, there’s a sink that was let in. The weekend should pose for an interesting one. Perhaps Musk might actually dress up as a sink for Halloween after all.

We thank Teslarati for reprint permission.

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