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Linda Yaccarino leaves NBCUniversal, adding fuel to the Twitter CEO fire

by The Novum Times
12 May 2023
in Technology
Reading Time: 2 mins read
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Linda Yaccarino, the girl hotly tipped as the subsequent CEO of Twitter, has not made any statements confirming or denying the rumors. However she is unquestionably open to work: at the moment, NBCUniversal, the place she had been the chairman of its promoting and partnerships group, introduced that she is leaving the corporate, efficient instantly.

“It has been an absolute honor to be a part of Comcast NBCUniversal and lead probably the most unbelievable crew,” she mentioned in a press release. “We’ve remodeled our firm and all the trade—and I’m so pleased with what we’ve completed collectively, and grateful to my colleagues and mentors, particularly Brian Roberts, Mike Cavanagh and all the NBCU management crew.”

Mark Marshall, at the moment president of advert gross sales and shopper partnerships, is taking up the position on an interim foundation.

The hypothesis over who would take over the CEO position Twitter kicked off yesterday, when Elon Musk, Twitter’s proprietor and present CEO, introduced (on Twitter) that he’d discovered somebody to take over the job, noting that “she will likely be beginning in [about] six weeks.”

NBCU’s announcement will likely be seen by many as an oblique affirmation of the experiences that Yaccarino would be the government in query. It might even imply that an official Twitter announcement would possibly come as quickly as at the moment.

(The truth that Musk performed by at the very least some semblance of guidelines right here is fascinating: is that the brand new CEO’s affect at play already? NBCU was as soon as a key media associate for Twitter in its heyday, so taking part in good right here and coordinating with their very own media technique could be a nod to that too.)

Placing an promoting supremo on the high of the corporate — Musk says he’ll keep on as chairman and “CTO, overseeing product, software program & sysops” — is a no brainer and a sensible transfer, contemplating how dire issues have been for the corporate on the enterprise entrance since Musk took over final yr.

Making use of erratic insurance policies to moderation, verification, and different vital features of Twitter’s person setting; and shedding an infinite proportion of its workers centered on all of these areas plus others crucial to income era (together with its gross sales groups) the location has bled advertisers, and with that, revenues.

Now, the large query is whether or not it is going to be in a position to claw a few of that again, and in that case the way it will achieve this with out falling afoul of Musk, and Musk’s accounting priorities.

Extra to return.



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Tags: addingCEOfirefuelLeavesLindaNBCUniversalTwitterYaccarino

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