Possible Parag Agrawal, Twitter CEO, was busy working in his office when suddenly Elon Musk, the new owner of the company, fired him. Even reported overfired he immediately left the Twitter office in San Francisco with a security guard.
Agrawal has been Twitter’s CEO since December 2019, replacing Jack Dorsey, the founder of Twitter, who stepped down from the position. The man who was born in India 38 years ago started his career on Twitter as a software engineer in 2011.
As CEO, Agrawal’s annual compensation is reported to be in the range of USD 1 million plus a large share of stock. Well of course, Agrawal was not fired by Elon Musk empty-handed. The severance pay he received made him able to keep smiling because the amount was extraordinary.
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Yes, Agrawal still gets a share of Twitter shares that have not been cashed. Financial research firm Equilar estimates he will earn USD 42 million or around Rp 653 billion.
The amount is calculated from all income channels Parag Agrawal on Twitter, namely salaries and shares. Meanwhile, other Twitter officials who were also fired by Elon Musk, of course, will also receive various amounts of compensation.
In essence, as quoted by Newslodge from News.com.au, Elon Musk doesn’t seem to get along with the Twitter executives and can’t work with them. Moreover, his vision and mission for Twitter is different from theirs.
“The reason I acquired Twitter is because it’s important for the future of civilization to have a shared digital city space, where beliefs can be debated in a healthy, non-violent way,” Elon Musk wrote about why he bought Twitter.
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