On his first day, Musk fired CEO Parag Agrawal, head of legal, policy and trust Vijaya Gadde and Chief Financial Officer Ned Segal.
He fired CEO Parag Agrawal, head of legal, policy and trust Vijaya Gadde, and chief financial officer Ned Segal. According to Twitter's filing with the Securities and Exchange Commission, Musk will have to pay the three more than $204 million, MarketWatch reported.
Musk is set to become Twitter's next CEO. Agrawal had been the social networking site's CEO since November 2021.The three executives own roughly 1.2 million shares of Twitter—amounting to about $65 million. More than half—$34.
The three executives are also entitled to a year's salary and health benefits. Agrawal had a based pay of $623,000 in 2021 and Segal and Gadde were on $600,000 each. Gadde is set to leave Twitter with nearly $74 million, according to MarketWatch, and Agrawal and Segal are to walk away with roughly $65 million and $66 million, respectively.
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