Inflation may burn the charts.
Twitter (TWTR) – Get a Twitter, Inc. report. Fate may be hanging in the balance.
Perhaps the world was heading towards an unimaginable confrontation between East and West.
But for outstanding CEOs at the top of noteworthy companies, the important thing is to get the right job title.
The description of “CEO” or “Chief Executive Officer” is no longer sufficient to denote power, prestige and hierarchical status.
If you are truly on top, you should be able to flaunt the norms and stand out from the crowd with a truly unique brand.
Musk’s Ownership Ambitions
Elon Musk – of course – started this thing last year when he officially changed his title at Tesla (TSLA) – Get a Tesla Inc . report In addition to the financial director of the electric car maker.
“As of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have been changed to Technoking of Tesla and Master of Coin, respectively,” Tesla said on March 15, 2021, in a filing with the Securities and Exchange Commission.
The company was quick to add, however, that “Elon and Zack will also retain their positions as CEO and CFO.”
take zuk
Mark Zuckerberg has taken the concept in a different direction.
Zuckerberg had a reputation for distinguishing himself from Wall Street by wearing hoods to attend business meetings when Facebook was preparing for its IPO. About $500 billion market cap later, all that youthful luxury has long been overlooked or forgotten.
But when things have recently started heating up about how reliant Facebook’s business model is on algorithms that amplify misinformation and conspiracy theories, Zuckerberg stuck with a smart idea.
He just changed the company name. And not just any name but something mysterious and hard to explain: meta.
It proved to be an inspiring choice. As the world continues to struggle to understand and explain what the metaverse is – perhaps virtual hyperprograms? The distraction and confusion helped spread many vitriolic criticisms of the company.
Go to follow
slice of old…
In December, Twitter co-founder and crypto enthusiast Jack Dorsey quit his executive role at the social media company to focus on his other job as Square CEO.
At the same time, Square’s name – but not its stripe – was changed to Block (mint) – Get the Block Inc Class A . report.
Apparently, the idea was to tie the mobile payments company more closely to its crypto aspirations, or at least Dorsey.
Now that he’s back full circle, Dorsey has moved on to change his nickname in Block as well.
He will no longer be the CEO.
No, according to a Securities and Exchange Commission filing on Friday, Dorsey will now simply be the “chairman” of the bloc.
get it?
to forbid?
president?
idiot?
Very cute, isn’t it?
Of course, Block’s board of directors had to jump through a few hoops to remove “the requirement for an officer with the title of CEO and President,” according to the filing.
Bowing to tradition, Dorsey will also continue to serve as “Chairman.”
But, in case anyone is concerned, “there will be no changes in Mr. Dorsey’s roles and responsibilities, and he will continue to serve as the Chief Executive Officer of the Company.”
Oh, and on Saturday, Musk tweeted his approval.
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