{"id":145282,"date":"2022-10-31T23:39:58","date_gmt":"2022-10-31T18:09:58","guid":{"rendered":"https:\/\/centralrecorder.com\/elon-musk-dissolves-twitter-board-crowning-himself-as-sole-director\/"},"modified":"2022-10-31T23:41:03","modified_gmt":"2022-10-31T18:11:03","slug":"elon-musk-dissolves-twitter-board-and-crowns-himself-as-the-sole-director","status":"publish","type":"post","link":"https:\/\/centralrecorder.com\/elon-musk-dissolves-twitter-board-and-crowns-himself-as-the-sole-director\/","title":{"rendered":"Elon Musk Dissolves Twitter Board and Crowns Himself as the ‘Sole Director’"},"content":{"rendered":"\n
\n

Elon Musk dissolved Twitter\u2019s board and made himself the \u201csole director\u201dA new SEC filing states that the company was formed after all former members were removed.<\/p>\n

Tesla was created. \u201cthe sole director of Twitter,\u201dAccording to the Filing<\/a>, which elaborates that the people formerly on the social media platform\u2019s board \u201care no longer directors of Twitter,\u201dThe $44 billion acquisition resulted in the creation of a new company.<\/p>\n

After taking control of Twitter on Thursday night, Musk immediately fired the social platform\u2019s CEO Parag Agrawal, CFO Ned Segal and Vijaya Gadde, head of legal policy, trust and safety \u2014 a move confirming many users\u2019 fear about the turmoil Musk\u2019s reign would entail for the social media platform.<\/p>\n

\n\t\t\t\t\t\t\t\t\t\"The<\/p><\/div>\n

In addition to Agrawal, the former board of directors included Bret Taylor, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban,\u00a0Fei-Fei\u00a0Li and Mimi Alemayehou, all of whom were removed from the board after its dissolution Thursday.<\/p>\n

This decision certainly isn\u2019t the last of the changes that will arise from Musk\u2019s takeover, as the billionaire plans to roll out a change to Twitter\u2019s verification system that would require verified users to pay to keep their blue checks. Users have reacted negatively to the plan that would allow verified users to subscribe to Twitter Blue for $19.99 in 90 days. <\/p>\n

The blue check change comes amid a mass exodus from the social media platform, as many figures across media, entertainment and politics have decided they won\u2019t be sticking around to see what further chaos ensues on the app. <\/p>\n

Shonda Rhimes recently resigned via Twitter by tweeting \u201cNot hanging around for whatever Elon has planned. Bye,\u201dSaturday morning to her 1.9million followers.<\/p>\n

\n\t\t\t\t\t\t\t\t\t\"Elon<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Elon Musk dissolved Twitter\u2019s board and made himself the \u201csole director\u201dA new SEC filing states that the company was formed after all former members were removed. Tesla was created. \u201cthe sole director of Twitter,\u201dAccording to the Filing, which elaborates that the people formerly on the social media platform\u2019s board \u201care no longer directors of Twitter,\u201dThe […]<\/p>\n","protected":false},"author":51,"featured_media":145283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,3,105,106],"tags":[],"jetpack_featured_media_url":"https:\/\/centralrecorder.com\/wp-content\/uploads\/2022\/10\/1667239801_Elon-Musk-Dissolves-Twitter-Board-Crowning-Himself-as-Sole-Director.jpg","_links":{"self":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/145282"}],"collection":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/comments?post=145282"}],"version-history":[{"count":1,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/145282\/revisions"}],"predecessor-version":[{"id":145284,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/145282\/revisions\/145284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media\/145283"}],"wp:attachment":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media?parent=145282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/categories?post=145282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/tags?post=145282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}