Twitter CEO Parag Agrawal Set To Receive $42 million

Twitter CEO Parag Agrawal set to receive $42 million if terminated after Elon Musk deal

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Twitter Inc CEO Parag Agrawal would get an estimated $42 million

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if he were terminated within 12 months of a change in control at the social media company, according to research firm Equilar.

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Billionaire Elon Musk struck a deal to buy Twitter for $44 billion, ending its run as a public company since 2013.

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Musk in a securities filing on April 14 had said he did not have confidence in Twitter's management

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Equilar's estimate includes a year's worth of Agrawal's base salary plus accelerated vesting of all equity awards, an Equilar spokesperson said,

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based on Musk's offering price of $54.20 per share and terms in the company's recent proxy statement.

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Agrawal, previously Twitter's chief technology officer, was named CEO in November.

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His total compensation for 2021 was $30.4 million, according to Twitter's proxy, largely in stock awards.

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Twitter is now Elon Musk's property

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