Tue 05 April 2022:
Twitter is appointing entrepreneur Elon Musk to the company’s board of directors, CEO Parag Agrawal said on Tuesday.
“I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” Twitter CEO Parag Agrawal said in a tweet.
“He’s both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term.
Musk has criticised Twitter for its approach to freedom of speech, launching a poll last month in which he asked if the network adheres to the principle – to which a majority of respondents voted no.
Musk will remain on Twitter’s board until the company’s annual shareholder’s meeting in 2024, and he has promised not to take a stake larger than 14.9% in the company during that time, according to a securities filing.
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