Author: Sam Byford
Photo by PATRICK PLEUL/POOL/AFP via Getty Images
Elon Musk is no longer going to join Twitter’s board, Twitter CEO Parag Agrawal has announced in a tweet. Agrawal last week confirmed that Musk would be appointed to the board following his purchase of 9.2 percent of the company’s shares, but now says that Musk has decided against taking up the seat.
“We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance,” Agrawal writes. “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best. We have and will always value input from our shareholders whether they are on our Board or not. Elon is our biggest...
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Photo by PATRICK PLEUL/POOL/AFP via Getty Images
Elon Musk is no longer going to join Twitter’s board, Twitter CEO Parag Agrawal has announced in a tweet. Agrawal last week confirmed that Musk would be appointed to the board following his purchase of 9.2 percent of the company’s shares, but now says that Musk has decided against taking up the seat.
“We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance,” Agrawal writes. “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best. We have and will always value input from our shareholders whether they are on our Board or not. Elon is our biggest...
Continue reading…
Continue reading...