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Will Elon Musk Fire Indian CEO? – Twitter CEO Might Get $42 Million

will elon musk fire indian ceo
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As Elon Musk is all set to take over the company Twitter, the next question is what will happen with the company’s CEO Parag Agarwal? The present CEO will reportedly receive an amount of $42 million in case Elon Musk decides to remove him from the company. Now, it is still not known will Elon musk fire Indian CEO?

About Parag Agarwal: Twitter CEO

Parag has been an employee of Twitter for a long time. He joined the company back in 2011. He became the CEO of Twitter in the year 2017 and had been serving since then. Carrying the responsibility of ensuring the engagement of audiences and scaling ads for Twitter, he had a salary of  $1,000,000 including all bonuses and perks. Now, it is yet to watch ​​will Elon musk fire Indian CEO?

Elon Musk Buying Twitter

Elon Musk, the owner of Tesla had made an offer to buy the social media platform Twitter. They have reached an agreement at $44 billion. Twitter which was previously a public company would soon become private. 

Elon musk had not been very gentle to the management team of Twitter. Further, he had also said that he does not have confidence in Twitter’s management and would not pay them a single dollar if he had acquired the company.

Also Read – Facts About Jack Dorsey Twitter CEO: The Brain Behind Twitter

Will Elon Musk fire Indian CEO? Will Parag Agarwal Get $42 Million?

Although Elon Musk does not seem very grateful for the team. Parag Agarwal had said that there are no plans to drop off the previous employees. He has said that he would get a chance to speak to the Tesla Owner.

However, in case Parag Agarwal plans to leave the company within 12 months, he would get $42 million according to reports. This amount has been calculated by including his salary for a year and his equity returns.

Parag Agarwal on Twitter

After the acquisition of Twitter by Elon Musk, Parag Agarwal had tweeted: “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,”

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