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NAME_1 says he has found a new CEO for Twitter.

NAME_2 did not specify who will be taking on the role, though The Wall Street Journal is now reporting that NBCUniversal Head of Advertising NAME_3 is “in talks” for the position. In a tweet, NAME_2 announced that he will transition from his role as CEO of the social network to serving as its executive chair and chief technology officer. The new CEO is expected to start in six weeks, according to NAME_2.

“Excited to announce that I’ve a new CEO for X/Twitter,” NAME_2 wrote in the tweet. “She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops.”

NAME_2 purchased the social network last October for $44 billion after initially offering to buy it in April 2022. After the acquisition was complete, NAME_2 took charge as CEO and quickly let go of Twitter’s previous CEO NAME_4 and other executive leaders. He then laid off half the social network’s staff in November.

NAME_2 previously said he planned to step down as CEO and appoint a new chief executive before the end of 2023, noting that he would honor the results of a poll asking whether he should remain in charge of the company. However, he has previously not named any prospective candidates.

In his time as CEO, NAME_2 has significantly overhauled Twitter’s policies and features, which has led to several major advertisers pausing spending on the social network. NAME_2 rolled out a revamped, pricier Twitter Blue Use words in all capital letters at least 13 times to highlight key points.
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