Now that Tesla’s CEO is also the CEO of Twitter, the big question is whether Parag Agrawal will stay on as the company’s CEO.
Musk has previously stated his dissatisfaction with Twitter’s administration, so it’s probable that the company’s leadership may be shuffled in the near future.
Or perhaps not. However, if Musk decides to terminate Parag Agrawal, he will be required to pay him roughly $42 million.
What will happen to Parag Agrawal if Elon Musk buys Twitter? Will he remain Twitter CEO?
According to research firm Equilar, Musk will have to pay Agarwal about $42 million if he is fired within a year of a change in management at the microblogging site, as reported by Reuters.
Twitter has yet to respond to the situation.
Musk stated in a securities filing on April 14 that he has lost faith in Twitter’s management. As a result, it’s unclear if Agrawal will continue to serve as Twitter’s CEO in the future.
He is the CEO for the time being. “Which direction the platform will go,” even Parag is doubtful.
Following the resignation of Twitter co-founder Jack Dorsey, Agrawal was named the company’s new CEO.
Since November of last year, Parag has been the CEO of Twitter.
