The change in leadership at Twitter is a long time coming. The tech billionaire expects to find a successor by the end of the year. There is currently little indication of who could ultimately take over the post. Before that, Musk wants to ensure that Twitter is stable and financially healthy.
At the end of last year, Twitter boss Elon Musk had users of the short message service vote on his future in the company. In a survey he organized himself, almost 60 percent voted for his resignation. To date, however, no successor has been found. At the World Government Summit in Dubai, the tech billionaire announced in a video interview that he was aiming to find a successor to lead Twitter towards the end of 2023.
“I need to stabilize the organization and make sure it’s in a financially healthy position and the product roadmap is clearly defined,” Musk said. Twitter is still something of a startup in reverse. A lot of work is needed to bring Twitter to a “stable position”.
There is currently little to suggest that the group’s owner will quickly find a suitable candidate for the top job. Who will eventually take over from Musk is difficult to predict. According to the British broadcaster BBC, a few candidates are under discussion. The first speculation about the successor on Twitter was fueled by a photo from the Lusail Stadium at the final of the World Cup in Qatar. Jared Kushner starred alongside Musk. The photo with ex-President Donald Trump’s son-in-law was taken just hours before Musk released the poll on his future as head of Twitter.
Nonetheless, he should retain great influence over Musk as an owner. The tech billionaire had already warned before the vote that there were no interested parties who were able to “actually keep Twitter alive”. He himself had taken over the top position in the course of his approximately 44 billion dollar purchase of the Internet platform in October. However, Musk had repeatedly signaled that this should not be a permanent solution. Musk said last month that he expects to reduce his working hours at Twitter and hand over the leadership there over time.
