Elon Musk stated late on Monday he supported Jack Dorsey remaining as Twitter Inc’s chief govt officer, two days after reviews that activist investor Elliott Administration Corp has pushed for his removing from the position.
“Simply need (to) say that I help Jack as Twitter CEO,” the billionaire chief govt officer of Tesla Inc tweeted, utilizing the guts emoji to say Dorsey has an excellent coronary heart.
Jack Dorsey, 43, is one among Silicon Valley’s most outstanding entrepreneurs, and in addition runs Sq. Inc, a cell funds firm he co-founded.
Jack Dorsey and Elon Musk have lauded one another on social media earlier. In an occasion early this yr, Jack Dorsey had requested Elon Musk, who has over 31 million followers on Twitter, for recommendation on easy methods to make the platform higher.
Hedge fund Elliott has amassed a stake in Twitter and will likely be in search of to put in its personal nominees to the social media firm’s eight-member board when three of the administrators stand for election, Reuters reported on Friday, citing sources.
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