Musk consolidates power at Twitter after board is dismissed

Musk consolidates power at Twitter after board is dismissed
At the other companies he runs, including Tesla, the boards are packed with Musk loyalists. (Image: Getty)
Bloomberg
By Jack Pitcher Elon Musk consolidated his control of Twitter on Monday after the entire board was dismissed.  Musk, 51, completed his purchase of Twitter last week for US$44 billion ($75b) and immediately started moulding the company to his liking.  One of the first steps he took was to fire four of the most senior executives of the company, including Parag Agrawal, the chief executive officer. Calling himself Chief Twit, Musk plans to effectively run the company himself in the immediate term, people familiar with his plans have...

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