Elon Musk has said he will step down as CEO of Twitter when he finds someone "foolish enough to take over".
The billionaire had earlier promised to abide by the result of a poll he conducted on Twitter, which showed that 57.5% of users voted "yes" in favor of Musk leaving this position.
He indicated in a tweet that he would continue to operate the software and server teams after finding a replacement for him.
Changes to the platform since its acquisition have come under heavy criticism.
Musk also runs both Tesla and SpaceX.
Since buying the social network in October, Musk has fired nearly half of its staff and tried to roll out paid verification on Twitter before pausing it. The feature was re-launched last week.
Civil liberties groups have also criticized his handling of the content, accusing him of taking steps that would increase hate speech and misinformation.
On Friday, the United Nations and European Union condemned Musk's decision after Twitter suspended the accounts of some journalists covering the social media company.
Media freedom "is not a game," the United Nations said on Twitter, while the European Union threatened Twitter with penalties.
This is the first time the billionaire has commented on the poll, which began on Sunday, during which he asked if he should resign. Finding someone to take over the social media platform can be a challenge, according to Musk.
Some people speculate that Twitter founder Jack Dorsey may also return to run the company after he resigned as CEO in November 2021.
"Nobody wants a job that can actually keep Twitter alive," he wrote on Twitter following the poll.
Other names mentioned as possible replacements include Sheryl Sandberg, former chief operating officer of Facebook, Sriram Krishnan, an engineer and close friend of Musk, and Jared Kushner, former US presidential advisor and son-in-law of Donald Trump.
In the past, Musk obeyed the results of opinion polls on Twitter. He always quotes the Latin phrase "the voice of men is the voice of God".
Musk tweeted, "Good point, Twitter will make this change," in response to a tweet that stated that only Twitter Blue subscribers "should be the only ones who may vote in polls relating to the site's policies."
Twitter's paid verification feature was rolled out for the second time last week after it was temporarily suspended. The service costs $8 per month or $11 for those using the Twitter app on Apple devices, and subscribers are given a "blue tick".
Previously, the blue tick was used as a sign of reliability and was free.
For weeks, investors have been calling for Musk to step down from running the social media platform, saying it distracted him from properly running Tesla.
Shares of the electric car company have fallen more than 65% over the past year.
To assist finance his acquisition of Twitter, Musk sold shares of Tesla valued at billions of dollars, which aided in the stock's decline.
"Finally a good step in the right direction to end this painful nightmare for Tesla investors," Dan Ives of investment firm Wedbush Securities said after Musk's tweet on Tuesday.