April 27, 2025
Trending News

Musk has decided not to join Twitter’s board of directors

  • April 11, 2022
  • 0

Tesla CEO Elon Musk, who bought a 9.2% stake in Twitter, refused to join the company’s board of directors. He announced this in his own report, as Ukrinform

Tesla CEO Elon Musk, who bought a 9.2% stake in Twitter, refused to join the company’s board of directors.

He announced this in his own report, as Ukrinform reported. microblogging Twitter CEO Parag Agraval.

“On Tuesday, we announced that Elon would be appointed to the board of directors, subject to the verification and official acceptance of his biographical data. Elon’s appointment to the council was supposed to take effect on April 9, but that morning Elon announced that he would no longer be a member of the council,” Agraval wrote.

He stressed that Twitter always values ​​the contributions of its shareholders, whether they are board members or not.

“Elon is our largest shareholder and we will remain open to his offers,” Agraval said.

As Ukrinform reported, Musk bought a 9.2% stake in Twitter last week.

He also said he looks forward to working on the company’s board of directors to “make significant improvements to Twitter’s work in the coming months.”

Photo: Getty Images

Source: Ukrinform

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version