Twitter’s new Chief, Elon Musk has dissolved the entire board of directors, making himself the sole director of the microblogging platform.
After acquiring Twitter, Elon Musk has made a slew of changes. From hinting at changing the platform’s verification process to firing CEO Parag Agarwal, a lot has been happening at Twitter.
Now, Musk has fired the entire board and is now the sole director of the social media platform. He will now be the micro-blogging platform’s chief executive, a filing by the Securities and Exchange Commission showed.
Chief executives including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li, and Mimi Alemayehou will now no longer serve on the board, according to the company’s statement.
Musk wrote in a tweet, “Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes.”
Earlier, Musk had mentioned that buying Twitter would accelerate the development of his vision app ‘X.’ Described as the everything app, the platform will be a multi-purpose utility platform with social elements.
After taking over Twitter, Tesla’s chief, Musk has also changed his bio on the social media platform to “Chief Twit.”
As the new sole director, Elon Musk also intends to accelerate their advertising efforts. In a Tweet, he had said that “Twitter aspires to be the most respected advertising platform in the world”.