Musk dissolves Twitter's board and becomes sole director, saying "This is temporary."

HomeBusinessMusk dissolves Twitter's board and becomes sole director, saying "This is temporary."

Musk dissolves Twitter’s board and becomes sole director, saying “This is temporary.”

Published on

November 1, 2022

New Twitter owner Elon Musk wants complete control. After taking over the microblogging service, he abolished its board of directors.
Musk stated in the filing that Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li, and Mimi Alemayehou are no longer Twitter directors.
He tweeted that the board dissolution was “temporary” shortly after.
The billionaire is also compiling a list of 25% of the newly hired social media firm’s employees to fire.