Twitter CEO Parag Agrawal Fired As Elon Musk Takes Over Company

Telsa CEO Elon Musk took over Twitter after months-long saga. Musk immediately fired Twitter CEO Parag Agrawal, policy chief Vijaya Gadde and CFO Nel Segal. Parag Agrawal will reportedly get $42 million from Twitter as per the company policy

Twitter CEO Parag Agrawal fired by Elon Musk, but he is leaving a very rich man Elon Musk has fired Twitter CEO Parag Agarwal after Twitter takeover. But if he is losing something, he is also gaining a lot. Agrawal is entitled to get a hefty amount as severance pay.

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Tesla CEO Elon Musk has finally acquired Twitter after a months-long saga full of twists and turns. Within minutes of his takeover, Musk did what he was speculated to do ever since the acquisition was being discussed -- firing top Twitter executives.

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The CEO Parag Agrawal, the company’s legal head and policy maker Vijaya Gadde, and CFO Nel Segal were the first executives to be terminated from the company. However, Agrawal, who was appointed as the Twitter CEO in November 2021, will leave a rich man.

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As per reports, Agrawal is entitled to get $42 million from Twitter if he were terminated within 12 months of a change in control.

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Parag Agrawal not just has the golden parachute clause in his contract with Twitter but he also holds some shares in the company. According to Twitter filing with SEC in the US, Parag holds a little over 128,000 Twitter shares, which are now worth around $7 million at the price Musk is paying.

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And it is not just Agrawal who is going to get some money. Vijaya Gadde, the legal and policy chief of Twitter and who has also been fired by Musk, is set to get a severance package of $12.5 million and an additional $33 million from some 623,156 Twitter shares that she holds.

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And it is not just Agrawal who is going to get some money. Vijaya Gadde, the legal and policy chief of Twitter and who has also been fired by Musk, is set to get a severance package of $12.5 million and an additional $33 million from some 623,156 Twitter shares that she holds.

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Combined, it is safe to say that Parag Agrawal is likely to get around $50 million, whereas Gadde may get around $45 million to start with.

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Twitter CEO Parag Agrawal Fired As Elon Musk Takes Over Company

By: Seat Earnings

Telsa CEO Elon Musk took over Twitter after months-long saga. Musk immediately fired Twitter CEO Parag Agrawal, policy chief Vijaya Gadde and CFO Nel Segal. Parag Agrawal will reportedly get $42 million from Twitter as per the company policy

Twitter CEO Parag Agrawal fired by Elon Musk, but he is leaving a very rich man Elon Musk has fired Twitter CEO Parag Agarwal after Twitter takeover. But if he is losing something, he is also gaining a lot. Agrawal is entitled to get a hefty amount as severance pay.

Tesla CEO Elon Musk has finally acquired Twitter after a months-long saga full of twists and turns. Within minutes of his takeover, Musk did what he was speculated to do ever since the acquisition was being discussed -- firing top Twitter executives.

The CEO Parag Agrawal, the company’s legal head and policy maker Vijaya Gadde, and CFO Nel Segal were the first executives to be terminated from the company. However, Agrawal, who was appointed as the Twitter CEO in November 2021, will leave a rich man.

As per reports, Agrawal is entitled to get $42 million from Twitter if he were terminated within 12 months of a change in control.

Parag Agrawal not just has the golden parachute clause in his contract with Twitter but he also holds some shares in the company. According to Twitter filing with SEC in the US, Parag holds a little over 128,000 Twitter shares, which are now worth around $7 million at the price Musk is paying.

And it is not just Agrawal who is going to get some money. Vijaya Gadde, the legal and policy chief of Twitter and who has also been fired by Musk, is set to get a severance package of $12.5 million and an additional $33 million from some 623,156 Twitter shares that she holds.

And it is not just Agrawal who is going to get some money. Vijaya Gadde, the legal and policy chief of Twitter and who has also been fired by Musk, is set to get a severance package of $12.5 million and an additional $33 million from some 623,156 Twitter shares that she holds.

Combined, it is safe to say that Parag Agrawal is likely to get around $50 million, whereas Gadde may get around $45 million to start with.

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