This Monday, Elon Musk reached an agreement to buy Twitter for 44,000 million dollars, ending his career as a public company since 2013. Agrawal’s possible departure from Twitter is due to a comment made by the billionaire during a presentation of values on April 14, where he said that he did not trust the current management of the platform.
Equilar’s estimate includes one year’s worth of Agrawal’s base salary plus accelerated vesting of all stock awards, an Equilar spokesman said, based on Musk’s offer price of $54.20 per share and terms in the recent announcement. company proxy statement.
The current Twitter CEO’s total compensation for 2021 was $30.4 million, according to a company statement; largely in stock awards, Reuters reported.
A Twitter representative declined to comment on Equilar’s estimate.
Who is Parag Agrawal, the current CEO of Twitter?
Agrawal has worked at Twitter since 2011 and served as its chief technology officer since 2017. His job back then involved implementing AI systems within the platform to improve the user experience and its timelines.
Born in India and trained as an engineer at the Indian Institute of Technology in Bombay, Agrawal is also a Ph.D. in Computer Science from Stamford University and has worked in the research departments of Microsoft, Yahoo and AT&T, before entering Twitter.
He is a curious, humble, creative, self-confident person, and who leads from the heart. Someone from whom I learn every day. My confidence in him as CEO is complete,” Dorsey said at the time.