Twitter Appoints American Billionaire, Elon Musk To Its Board Of Directors

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.”

One thought on “Twitter Appoints American Billionaire, Elon Musk To Its Board Of Directors

  • April 11, 2022 at 6:08 am

    Good Day!

    Hope all is well ! I’m Vika. And I’m from Russia.

    But despite the difficulties in my home, I dream to find a partner from another country.
    I am a single lady and I dream to find a good man.
    I want to have a strong feelings. I am a smart andbeautiful lady.
    I think, i’m funny, I have a good sense of humor. I want to find a partner and be with him forever.
    I’m 35 years old. And I will be happy if your write to me


Leave a Reply

Your email address will not be published.