Elon Musk will not join Twitter board, confirms Twitter CEO

Published By : Prameya News Bureau | April 11, 2022 IST

New Delhi, Apr 11: Elon Musk, the CEO of Tesla, has decided not to join the Twitter board of directors, confirmed Parag Agrawal, the CEO of Twitter. “Elon Musk has decided not to join our board,” he said in a statement. “The board and I had many discussions about Elon joining the board, and with Elon directly. We were excited to collaborate and clear about the risks. We also believed that Elon as a fiduciary of the company where he, like all board members, has to act in the best interest of the company and all our shareholders, was the best path forward. The board offered him a seat,” Agrawal said. "We announced on Tuesday that Elon would be appointed to the board contingent on a background check and formal acceptance. Elon's appointment to the Board was to become officially effective from April 9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best," he added. “There will be distractions ahead, but our goals and priorities remain unchanged. The decisions we make and how we execute is in our hands, no one else’s. Let’s tune out the noise, and stay focused on the work and what we’re building," Agrawal added in his post.

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