– Tesla and SpaceX CEO, Elon Musk, has expressed his support for the CEO of Twitter, Jack Dorsey in the wake of attempts to remove him from office
– Elliot Management, owned by Paul Singer, is seeking Dorsey’s removal, after they gained almost 5% stake in the company
– Singer is seeking Dorsey’s removal because he is the CEO of both Twitter and Square
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The Chief Executive Officer (CEO) of Tesla and SpaceX, Elon Musk, has thrown his weight being the CEO of Twitter Inc, Jack Dorsey.
This comes in the wake of reports of an attempt by a Twitter investor to oust Dorsey.
YEN.com.gh understands that Paul Singer’s activist hedge fund, Elliot Management, is seeking Dorsey’s removal from office because he works as CEO in both Twitter and Square.
Twitter’s employees have however taken a stand and voiced their support for Dorsey with the hashtag #webackjack.
Taking to Twitter, Musk noted that he supports Jack because he has a good heart, Business Insider reports.
Elliot Management currently has almost a 5% stake in Twitter and is launching a campaign to get Dorsey removed from office.
He argues that Dorsey is not focused enough on Twitter and therefore needs to be removed from office.
In other news, the Ghana Micro Credit Association (GMCA) has appealed to the Bank of Ghana to review the current minimum capital…