Linda Yaccarino Steps Down As X’s CEO Amid Musk Trump Conflict

In a massive development, Linda Yaccarino, a former media executive, has announced her resignation as CEO of X. This comes just two years after she took up this position following Elon Musk’s acquisition. Her resignation also comes amid a feud between Musk and US President Donald Trump.

Linda Yaccarino Resigns After Two Years

In an X post, the former media executive announced that after two “incredible” years, she has decided to step down as CEO of X. She also reminisced about how she first spoke with Elon Musk about his vision for X, which prompted her to take on the position in the first place.

She also described it as an opportunity of a lifetime to carry out the extraordinary mission of this company. Linda Yaccarino had assumed this position in June 2023, shortly after the world’s richest man acquired the company.

Her resignation comes at a delicate time, as Musk and Trump are currently at odds with each other. As CoinGape reported, Musk has gone so far as to create a new political party, the America Party.

However, Linda Yaccarino didn’t give any specific reason for her decision to step down. She stated that she is immensely grateful to Musk for entrusting her with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App.

As CoinGape reported, the now ex-CEO revealed in June that X was planning to roll out trading and investment features for its users as part of the plan to become an Everything App.

She remarked that she is incredibly proud of the X team and the historic business turnaround they have accomplished together, something which she described as nothing short of remarkable. Linda Yaccarino added that the best is yet to come as X enters a new chapter with Xai.

The ex-CEO remarked that she will continue to cheer the X team as they change the world. Meanwhile, Musk replied to Yaccarino’s post, thanking her for her contributions.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand.

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Source: https://coingape.com/linda-yaccarino-steps-down-as-xs-ceo-amid-musk-trump-conflict/