Billionaire Elon Musk is “actively searching for” a brand new CEO on Twitter after users voted for him to step down from running the social networking site, in response to a Tuesday report.
Musk, who has served as Twitter’s CEO since buying the corporate for $44 billion in late October, is in search of potential candidates to be his everlasting successor. said David Faber of CNBCciting anonymous sources.
“No big surprise here – Musk is actively in search of a brand new Twitter CEO. It doesn’t take a genius to inform you that,” Faber told Squawk Box on Tuesday morning. “As we have seen in his previous surveys, he often already knows the reply before actually asking people to take part in that survey.”
“From what I heard, he was actively searching, asking, trying to seek out out who the pool of candidates might be,” Faber added.
On Sunday, Musk asked his 120 million followers if he should “stand down as head of Twitter” and vowed to “comply with the outcomes of this poll.” The poll garnered over 17.5 million votes, with 57.5% of respondents saying he should step down and 42.5% saying he should stay.
Faber said he had “heard loads of different names of potential candidates” from his sources, but didn’t reveal any possible replacements.
According to Fox Business correspondent Charles Gasparino, considered one of the names being talked about is Palantir co-founder Joe Lonsdale.
“Wall Street bankers are connected @elonmusk speak @JTLonsdale is high on Musk’s list of being a possible newcomer @Twitter general manager; it’s unclear if the offer has been prolonged or if Lonsdale is interested,” Gasparino tweeted on Tuesday.
Gasparino said one other potential candidate could come from “@PayPal Mafia,” a web based payment company that Musk co-founded with Peter Thiel, amongst others, and had LinkedIn founder Reid Hoffman on its board.
Musk has yet to publicly reveal whether he has developed a shortlist of candidates. But a few of Musk’s top advisers who’ve been energetic on Twitter since his takeover are potential options, in response to Bloomberg.
The outlet noted that investor Jason Calacanis, former PayPal executive David Sacks and Andreessen Horowitz partner Sriram Krishnan played energetic roles in Musk’s Twitter acquisition.
Calacani on Sunday posted his own poll on Twitter asking followers if he, Sacks, a mixture of the 2 or one other candidate should run the corporate.
In one other tweet, Musk indicated he wasn’t sure he could discover a viable candidate to interchange him.
“The query is just not finding a CEO, it’s about finding a CEO who can keep Twitter alive,” Musk tweeted on Sunday.
The Post contacted Twitter for comment. Musk eliminated the corporate’s communications team last month.
The tycoon has faced heavy criticism of its leadership on Twitter because it conducts an overhaul that included extensive layoffs and controversial changes to the social media platform’s verification process. The billionaire also allowed the sharing of so-called “Twitter files”, detailing the censorship under the corporate’s previous regime.
Musk has indicated for weeks that he intends to temporarily function Twitter’s chief executive officer – last month he told a court that he expected to “shorten my time on Twitter and find another person to guide Twitter over time.”
In addition to running Twitter, Musk heads electric automobile maker Tesla, space company SpaceX, start-up Neuralink and tunnel digger Boring Company.