Ex-NBCUniversal advertising executive Linda Yaccarino will take over as CEO of Twitter, Elon Musk said. Musk, who runs Tesla and Space X, said a day prior that he plans to transition to a role as executive chairman and chief technology officer. The announcement comes months after Musk pledged in December to step down as the head of Twitter as soon as he found someone “foolish enough to take the job.” Yaccarino, who stepped down earlier on Friday as the ad sales chief at NBCUniversal, oversaw an international team of about 2,000 employees, according to the NBCUniversal website.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
She brings longstanding relationships with major advertisers and a strong reputation within the corporate community. Yaccarino worked at NBCUniversal for nearly 12 years, rising through the executive ranks to become chairman of global advertising and partnerships in 2020. Before NBCUniversal, Yaccarino served as an advertising executive at Turner Broadcasting Company for almost 20 years. After acquiring Twitter in October, Musk has sought to shore up the company’s finances by slashing costs and expanding revenue through a revamped version of its subscription service.
Yaccarino, who graduated from Penn State University in 1985, worked in media advertising for about 30 years before being named Twitter CEO. Over more than a decade at NBCUniversal, Yaccarino generated more than $100 billion in advertising sales, focusing recently on an effort to coordinate advertising across TV, streaming and online platforms, the company’s website said in a profile of Yaccarino that was removed.
When NBC launched its streaming service Peacock in 2020, for instance, Yaccarino led a campaign to offer an array of ad formats, such as binge ads that afterward allow a viewer to watch ad-free as well as ads that include a QR-code directing viewers to a product.
Important takeaways for all competitive exams:
The net direct tax collections for the fiscal year 2023-24 have surged by 16.45% to…
December, the last month of the year, is a month full of important days that…
In competitive exams like SSC, Defence, State Exams, and Railways, current affairs serve as a…
Karnataka, a state in southern India, is known for its rich history, vibrant culture and…
Sociology is the study of society, human behavior and the way people interact with each…
Gujarat is a state located in the western part of India. Known for its rich…