Another key executive has fled Elon Musk's chaotic leadership at X. John Nitti, the platform's advertising chief who was once considered CEO material, departed after just 10 months - marking the latest high-profile exit from a company hemorrhaging top talent as fast as it loses advertisers.
John Nitti's departure from X caps off what insiders are calling the platform's worst executive retention crisis since Musk's $44 billion takeover. The advertising chief, who joined as global head of revenue operations and advertising innovation, was reportedly being groomed as a potential successor to former CEO Linda Yaccarino before she resigned in July.
Nitti's exit isn't an isolated incident. It's part of a broader pattern that's gutting X's leadership ranks at breakneck speed. CFO Mahmoud Reza Banki left in October after less than a year, while xAI's CFO and general counsel both departed over the summer. The revolving door has become so predictable that industry insiders are now placing bets on who'll be next.
The underlying tensions are as explosive as you'd expect. Sources familiar with the situation tell the Financial Times that executives have grown increasingly frustrated with Musk's habit of making major strategic decisions without consulting his own teams. The breaking point? Musk reportedly banned hashtags from advertising campaigns without even discussing the move with his advertising department first.
"It's like working for someone who changes the playbook every day without telling the players," one former X executive told industry contacts, speaking on condition of anonymity. This kind of unilateral decision-making has created an environment where even senior leadership feels sidelined from critical business decisions.
The pressure on advertising leadership has intensified as Musk diverts billions toward AI development through xAI, his competing venture against OpenAI and DeepMind. While some brands have cautiously returned to the platform, the advertising landscape remains deeply fractured. Musk's infamous "go fuck yourself" comment to departing advertisers in late 2023 still echoes through boardrooms.
The situation got even messier when X sued major brands including Shell and Pinterest for alleged boycotts. Industry sources suggest this legal strategy has backfired spectacularly, with some brands now feeling coerced into advertising relationships they'd rather avoid.
