The announcement comes after Twitter users voted for Musk to step down in December.
Elon Musk has announced the end of his search for Twitter’s next CEO.
In a Twitter post on Thursday, Musk said the unnamed woman would take over from him in about six weeks.
Musk added that he would move to executive chairman and chief technology officer “overseeing product, software and sysops.”
While Musk did not name his replacement, the Wall Street Journal reported Thursday, citing people familiar with the situation, that Linda Yaccarino, NBCUniversal’s head of advertising, was in talks for the role.
Musk’s announcement comes after Twitter users voted overwhelmingly in December for the Tesla CEO to step down as head of social media networks in a poll he conducted himself.
Musk, who also heads rocket company SpaceX, ushered in sweeping changes at Twitter after buying the platform for $44 billion last year, including laying off about 80 percent of its employees, relaxing moderation standards and launching a paid service. service called Twitter Blue.
Musk’s tenure has been hailed by conservatives as a victory for free speech, but criticized by many on the left for openly pandering to hate speech and misinformation.
The influential social media platform has also suffered a number of glitches and glitches, as well as the loss of some major advertisers, since Musk took charge.
Tesla shares rose about 2 percent after Musk’s announcement amid concerns among some shareholders that the billionaire’s attention is split between too many ventures.
Earlier this week, former Fox News host Tucker Carlson announced he would be launching a “new version” of his top-rated show on Twitter, sparking speculation about this relationship with Musk.
Musk said Twitter had not signed a “deal of any kind” with Carlson and that the conservative commentator would be subject to the same rules as all other content creators on the platform.