Twitter to Appoint Elon Musk to Board of Directors
Twitter is set to appoint Tesla CEO Elon Musk to its board of directors following news that he acquired a 9.2 percent stake in the Big Tech platform.
As previously reported by Human Events News, Musk is now the largest shareholder in the platform, with 73,486,938 shares worth $2.9 billion.
Musk will be appointed to the board as a class two director, Just the News reports. His term will expire at the company’s 2024 annual meeting.
Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!
— Elon Musk (@elonmusk) April 5, 2022