After becoming the largest shareholder of Twitter, Elon Musk would be a new member of the board of directors of the social network. However, its CEO, Parag Agrawal, affirms that the tycoon has refused to be part of this group.
According to the publication that Agrawal made on Sunday, April 10th, on his profile, after conversations between the members of the Board of Directors and Musk himself, it had been decided that the creator of Tesla would enter this select group last Saturday, April 9th.
“I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board“
I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.
— Parag Agrawal (@paraga) April 5, 2022
However, everything indicates that the businessman has retracted this decision and now does not want to be part of the board, Agrawal explains everything in a recent twitter post.
“Elon shared that same morning that he will no longer be joining the board”
“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“
Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
Among the participants of this meeting are Bret Taylor, Co-CEO of Salesforce, Jack Dorsey, co-founder of Twitter, Parag Agrawal, current CEO of Twitter, Patrick Pichette, ex-CFO of Google and Dr. Fei-Fei Li, professor at Stanford.