Wrong place, wrong time: How things went so badly for Twitter’s new CEO so quickly
When Parag Agrawal took over as Twitter’s CEO last November following cofounder Jack Dorsey’s surprise resignation from the role, he was little known outside the company. Ten months later, Agrawal has featured prominently in a whistleblower disclosure, been rebuked by name in a Congressional hearing and fielded criticism from the world’s richest man both publicly and privately. Tensions haven’t eased for him.
” Musk then abandoned the board seat, threatened a hostile takeover and ultimately agreed to buy Twitter for $54.20 per share, a significant premium to the company’s share price at the time, only to then attempt to withdraw from the deal months later, citing concerns about the number of bots and spam accounts on the platform. Twitter is now suing him to complete the deal.
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