Elon Musk Disbands Twitter Board, This Man Remains Sole Director

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twitter board According to the IANS news agency, citing a CNN report, according to the filing, Musk became the sole director of Twitter. This confirms that instead of joining Twitter’s board of directors, Elon Musk is now its sole deputy.

These people were present on the board

According to the news, the filing says that as a result of the termination of the acquisition on October 27, 2022, Musk became the sole director of Twitter. According to the SEC filing, under the terms of the acquisition agreement, the following individuals who were directors of Twitter prior to the merger are no longer directors of Twitter: Brett Taylor, Parag Agarwal, Omid Kordestani, David Rosenblatt, Martha Lane. Fox, Patrick Pichette, Aegon Durban, Phi Phi Lee and Mimi Almaye.

Musk did it first

The company said in a statement that all previous Twitter board members, including recently ousted CEO Agarwal and Chairman Taylor, are no longer directors under the terms of the merger agreement. Musk took over as Twitter boss, and his first assignment was reportedly to fire Indian-born CEO Agarwal, CFO Ned Segal, company policy chief Vijay Gadde, and others.

Why Musk had to buy Twitter

The day before the completion of the deal to buy Twitter, Elon Musk issued a lengthy statement explaining why he bought it and what he thinks about advertising. In the midst of a months-long battle to buy Twitter, a court ordered Musk to close the deal on current terms by October 28 or face a full legal battle.



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