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Following way out from Twitter, Parag Agarwal expected to get $42 Million

New Delhi, Oct 28: Parag Agrawal is supposed to get an expected $42 million (Rs 3,457,145,328) from Twitter following his exit from the organization by Elon Musk.

As one of his initial steps, Twitter’s new proprietor, very rich person Elon Musk, fired the senior leaders. President Parag Agrawal, who was picked for the situation by organization fellow benefactor Jack Dorsey in November of last year, is among those leaving.

Alongside the President of Indian plunge, Musk additionally let go of two other senior leaders and Twitter’s head of legitimate, strategy, and trust, Vijaya Gadde. As indicated by a report by the New York Times, Musk finished the $44 billion acquisition of Twitter on Thursday.

As indicated by the news organization Reuters, Equilar’s gauge incorporates sped up vesting of all value grants as well as a year of Agrawal’s base pay. The gauge depended on Musk’s $54.20 per share offering cost.

Agrawal, who filled in as Twitter’s past CTO, was named Chief in November of the earlier year. As indicated by a Reuters article, his complete compensation for 2021 was $30.4 million, most of which came through stock honors.

Agrawal, an IIT Bombay and Stanford alum, joined Twitter over decade prior when there were less than 1,000 individuals working there.

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ZZED Reporter

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