Elon Musk won’t join Twitter’s board after all
by Sam Byford from The Verge - All Posts on (#5Y1PC)
Photo by PATRICK PLEUL/POOL/AFP via Getty Images Elon Musk is no longer going to join Twitter's board, Twitter CEO Parag Agrawal has announced in a message to the company. Last week, Agrawal confirmed that Musk would be appointed to the board following his purchase of 9.2 percent of the company's shares but now says that Musk has decided against taking up the seat.
We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance," Agrawal writes. Elon's appointment to the board was to become officially effective 4/9, but Elon shared that same day that he will no longer be joining the board. I believe this is for the best. We have and will always value input from our shareholders whether they are on our Board or not. Elon is our...