Twitter CEO announced: Elon Musk will not be included in the Twitter board, Parag Aggarwal said – we will continue to take his opinion
Elon Musk will not join Twitter’s board. This information has been given by the company’s CEO Parag Agarwal. Parag Aggarwal has also shared a note on Twitter regarding this. In which he mentions what happened between Elon Musk and him joining the board. Also said that we give priority to the shareholders of Twitter. That’s why we’ll continue to seek Elon Musk’s opinion when needed.
A few days ago, Aggarwal had shared the information about his inclusion in the board, but now it is not happening.
Parag Aggarwal told the reason
Parag Aggarwal has shared a brief note with his tweet. In this note, he says that Elon Musk has decided not to join our board. Here I am sharing those things with you. The board and I had many discussions about Elon Musk joining the board, and there have been direct talks with Elon himself. We were excited to work with Allen and were clear about the risk.
Joining Elon Musk’s board was to take place on April 9
We wanted to include Allen as a responsible person in the company. Where he, along with other board members, would work in the best interest of the company and our shareholders. The board had also offered him a place. We had announced on Tuesday that Allen would join the board. Elon Musk was to be officially appointed on the board on April 9, but Elon told the same morning that he could not join the board.
I hope he has taken this decision for the better. We always and always value the input of our shareholders, whether on our Board or not. Elon Musk is our largest shareholder and we will always be open to his input. There will be no change in our goals and priorities. What decision we take and how we implement it will be in our control and not anyone else’s. In the last, he said that forgetting all these things, now we focus on our work.
Musk is the largest shareholder with a share of 9.2%
Earlier last week, Elon Musk bought a 9.2% stake in Twitter. With this, he has become the largest shareholder of the company. Parag Aggarwal had also shared information about including him in the Twitter board. On the other hand, he was constantly polling about Twitter.
