The final acquisition of Twitter by Elon Musk, has led to the dismissal of the firm’s Chief Executive Officer, Parag Agrawal and the head of legal policy, trust, and safety at Twitter, Vijaya Gadde.
Agrawal joined Twitter in 2011 as a software engineer, but rose to the position of Chief Executive in November 2021, after founder, Jack Dorsey, resigned from his CEO role.
After almost a year in the role of CEO, Agrawal’s sack will now earn him about $42 million compensation. Musk is expected to takeover the position, as he already edited his Twitter profile description to “Chief Twit”.
Vijaya Gadde, was fired, after months of speculations that she will also exit the firm if Musk takes over due to reports that Gadde’s ideologies are in contrast to that of Musk, as the former is described as a top censorship advocate, but the latter believes no one should be gagged.
Another top executive affected by Musk’s takeover is the social media company’s Chief Finance, Ned Segal.
Musk was given until October 28, 2022, to acquire Twitter as previously agreed or face trial in the Delaware Chancery Court in the United States.
