Don’t Let the Millions of Dollars Hit You on the Way Out
Heads rolled in Musk’s first orders of business, as he fired Twitter’s CEO Parag Agrawal, CFO Ned Segal, top policy executive Vijaya Gadde, and general counsel Sean Edgett.
It marked the end of the short and tumultuous tenure for Agrawal, who served as the company’s CEO for less than a year after founder Jack Dorsey left the company, much of which was dominated by public back-and-forth with Elon. The departure was likely bittersweet, as Agrawal and his fellow fired executives are owed multi-million dollar payouts for their early dismissals—though Musk reportedly argued they were fired for cause, which, if it holds up, would mean that they won’t receive their so-called “golden parachute” payments.
Agrawal will be remembered as one of the top three CEOs Twitter ever had.
