Twitter CEO Parag Agrawal on Sunday announced Elon Musk would not be joining the social media company’s board of directors. Elon Musk has decided not to join our Board. Here’s what I can share about what happened,” Agrawal’s tweet began.
The Board and I had many discussions about Elon joining the board, and with Elon directly. We were excited by the opportunity to collaborate and clear about the risks. We believed the best path forward was having Elon as a fiduciary of Twitter where he, like all board members, must act in the best interests of our company and our shareholders. The board offered him a seat,” Agrawal’s tweet continued.
He continued: “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best. We have and always will value input from our shareholders whether they are on our Board or not.
The announcement came just five days after the announcement that Musk would be appointed.
Elon Musk and Twitter did not immediately return Insider’s requests for comment.
Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
Source: IOL
In other news – Everything we Know About the Kardashians’ New Show
The Kardashians are still doing amazing, sweetie. Kim, Kourtney, Kendall, Kylie, Kris and the rest of the illustrious—and ever-expanding—clan is heading to Hulu.
The Kardashians, which profiles the highs and lows of Hollywood’s favorite family, premieres April 14 on the streamer. Learn more
