“I have to stabilize the group and simply be sure that it’s in a financially wholesome place in that the product roadmap is clearly laid out,” Musk stated by way of video hyperlink on the World Authorities Summit in Dubai, as reported by Bloomberg. “I’m guessing in all probability in the direction of the tip of the 12 months could be good timing to search out another person to run the corporate.”
“I believe it ought to be in a steady place across the finish of this 12 months,” Musk stated. He didn’t provide any indication of who may very well be in line to take the function, however following the interview posted a joke photo of his canine Floki sitting at a desk with the caption “The brand new CEO of Twitter is wonderful.” Numerous publications together with Bloomberg and CNBC have reported {that a} CEO hunt has been underway in latest months, however potential candidates stay elusive (listed here are our informed guesses).
Since conducting a ballot on stepping down as Twitter CEO in December, Musk has not beforehand supplied any concrete indication on precisely when he may achieve this, noting solely that he deliberate to depart the function after he discovered “someone foolish enough to take the job.” He has stated he plans to proceed to run Twitter’s software program and servers groups after resigning the CEO place.
The World Authorities Summit additionally coated Musk’s plans for Twitter extra usually, together with his ambitions to scale back misinformation on the platform. You may watch the entire interview under, or skip forward to Musk’s response about stepping down as CEO, which begins at across the 15 minute mark.