Elon Musk to appoint a new CEO for Twitter, here’s what Parag Agrawal says

Featured image: from L-R: Parag Agrawal, Elon Musk, and Vijaya Gadde

Elon Musk last week made history with his dream Twitter buyout deal. Since then, Twitter CEO Parag Agrawal is making headlines as it was being widely opinionated that Musk would hire a new CEO for Twitter.

According to the California-based research firm Equilar, Musk will need to pay Agarwal around $42 million if he is terminated within 12 months of a change in control at the microblogging site.

Though Jack Dorsey came into support of Parag Agrawal, there are news reports circulating around Dorsey to return as the Twitter CEO.

According to various reports, Musk may make job cuts in Twitter’s management and policy department. Musk has already stated that he does not have confidence in Twitter’s management. On top of that, he also criticised Twitter’s policy head Vijaya Gadde for censoring exclusive stories related to the US President Joe Biden’s son Hunter Biden’s laptop in the wake of the Capitol Hill violence.

Amid anticipation around Parag’s role as the CEO of Twitter and reports around his replacement, Parag replied to a Twitter user saying,

“…don’t feel for me. What matters most is the service and the people improving it.”

Parag Agrawal last week in a Tweet denoted his concern for Twitter and its people, stating,

“I took this job to change Twitter for the better, course correct where we need to, and strengthen the service. Proud of our people who continue to do the work with focus and urgency despite the noise.”

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Wajiha Wahab
Wajiha Wahab

Part of the editorial team at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
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