Linda Yaccarino Assumes Role as new Twitter CEO 

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Linda Yaccarino Assumes Role as new Twitter CEO 
06 Jun 2023
5 min read

News Synopsis

Linda Yaccarino Assumes Role as Twitter CEO

Linda Yaccarino, a prominent figure in the media industry and former Chairman of Global Advertising and Partnerships at NBC Universal, is set to become the new CEO of Twitter. Taking over from Elon Musk, Yaccarino's appointment comes as Musk aims to shift his focus towards his other ventures, including Tesla and SpaceX.

Key Aide Joe Benarroch Joins Yaccarino at Twitter

Yaccarino has wasted no time assembling her team at Twitter, bringing on board Joe Benarroch, an executive vice-president at NBC Universal. Known for his trusted advisory role to Yaccarino, Benarroch will work alongside her to drive business operations and contribute to the transformation of Twitter.

In a memo seen by the Wall Street Journal (WSJ), Benarroch expressed his excitement about joining Twitter and working with the entire team to build a renewed version of the platform, often referred to as "Twitter 2.0." This move highlights Yaccarino's determination to revitalize the platform and create a brighter future for both Twitter and its millions of users.

Yaccarino's Vision for Twitter 2.0

Yaccarino has expressed her admiration for Musk's vision and is eager to collaborate with him and the Twitter community to bring that vision to life. She posted on Twitter, emphasizing her commitment to the platform's future and the importance of user feedback in shaping its direction. Yaccarino aims to foster ongoing conversations and collaborations, ensuring that users play an integral role in the transformation of Twitter into a more innovative and impactful platform.

Musk's Collaboration and Transformation Goals

Elon Musk, the co-founder and CEO of Tesla and SpaceX, is enthusiastic about working with Yaccarino to revolutionize Twitter. Inspired by China's WeChat, Musk envisions transforming the platform into an "everything app" known as X. This ambitious goal aligns with his commitment to innovation and expanding the possibilities of social media.

Yaccarino's Impressive Track Record

Yaccarino brings a wealth of experience to her new role, having overseen a team of approximately 2,000 employees at NBC Universal. During her tenure, her team generated over $100 billion in advertising sales and established significant partnerships with major companies, including Apple, Snapchat, BuzzFeed, Twitter, and YouTube. Her expertise in advertising and partnerships is expected to contribute to the growth and evolution of Twitter.

Who is Linda Yaccarino

Linda Yaccarino is the new CEO of Twitter. She was previously the chairman of global advertising and partnerships at NBCUniversal. She has over 25 years of experience in the media and advertising industry, and is known for her expertise in digital and TV advertising. She is expected to bring her experience and expertise to Twitter to help the company grow its advertising business and reach new users.

Yaccarino is a graduate of the University of Pennsylvania and holds an MBA from Harvard Business School. She began her career at Procter & Gamble, and then worked at Time Warner Cable and Turner Broadcasting System. She joined NBCUniversal in 2007, and was promoted to chairman of global advertising and partnerships in 2017.

As CEO of Twitter, Yaccarino will face a number of challenges. The company has been struggling to grow its user base and advertising revenue. Yaccarino will need to find ways to attract new users and advertisers to Twitter. She will also need to address the company's challenges with misinformation and hate speech.

Despite the challenges, Yaccarino is a respected leader in the media and advertising industry. She has a proven track record of success, and is expected to lead Twitter through a period of growth and transformation.

Here are some of her accomplishments:

  • She helped NBCUniversal grow its advertising revenue by 20% in 2022.

  • She was named one of the "Most Powerful Women in Business" by Fortune magazine in 2021.

  • She is a member of the board of directors of several companies, including The New York Times Company and Time Warner.

Yaccarino is a strong leader with a proven track record of success. She is expected to bring her experience and expertise to Twitter to help the company grow and reach new users.

Conclusion

Linda Yaccarino's appointment as the new Twitter CEO, accompanied by the hiring of Joe Benarroch, signals an exciting chapter for the platform. With a focus on transforming Twitter into a more innovative and user-centric platform, Yaccarino's experience and vision, combined with Musk's collaboration, hold the potential to shape the future of social media.

TWN In-Focus