Connect with us

News

Twitter Appoints Elon Musk To Its Board Of Directors

Published

on

Twitter Inc has welcomed world’s richest man, Elon Musk to the company.

This comes after Musk bought 9.2% stake in the company.

He has also become a director in the company.

Twitter made the announcement on Tuesday, saying it would name top shareholder and Tesla boss Elon Musk to its board, a day after the billionaire disclosed a 9.2% stake in the social media company.

Mr Musk cannot become the owner of more than 14.9% of Twitter’s common stock either as an individual shareholder or as a member of a group as long as he is the director of Twitter, the company said in a filing.

 

“I’m excited to share that we’re appointing @elonmusk to our board,” Twitter Chief Executive Officer Parag Agrawal said in a tweet. “He’s both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term.”

For advert placements, sponsorship, media (Music/Video) promotions, or to share breaking News stories with us, contact; +2347059964320 or +2347062811394 aprokoadvert
READ ALSO:  Sunday Igboho Is Very Safe In Benin Than Nigeria, Says Lawyer

Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.

Click to comment

Leave a Reply

Your email address will not be published.

Trending