Following Elon Musk's announcement to step down from the position of chief executive officer (CEO) of Twitter, Linda Yaccarino has been named as the individual who will replace him.
The announcement was made on Twitter, a day after Musk fueled speculation by writing that he had found a new boss without revealing his identity.
In his announcement on the 'blue bird' site, the billionaire welcomed Linda Yaccarino as the new CEO where she will focus mainly on business operations.
While Elon Musk will be responsible for product design and new technology development.
Linda Yaccarino is the former chairman of global advertising and partnerships at NBCUniversal.
As the new head of Twitter, he faces major challenges that have piled up under Musk's ownership, including advertising issues, service disruptions, regulatory scrutiny and growing competition.
