Twitter’s Top Executives Are Set to Exit With $100 Million Payout as Musk Takes Over

Bloomberg2022-10-28

CEO Agrawal, Segal and Gadde are among those said to be firedTop executives entitled to severance, payouts of equity awardsThree of Twitter Inc.’s top executives who were said to be fired after Elon ...

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Comments

WJ77
2022-10-29
WJ77
😳
Melvin888
2022-10-28
Melvin888
Sad
- Aoyjai:
  But rich
- Melvin888:
  Ya

Leave a comment

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter’s Top Executives Are Set to Exit With $100 Million Payout as Musk Takes Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-28/twitter-s-twtr-top-bosses-poised-to-exit-with-100-million-as-musk-takes-over?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEO Agrawal, Segal and Gadde are among those said to be firedTop executives entitled to severance, payouts of equity awardsThree of Twitter Inc.’s top executives who were said to be fired after Elon ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-28/twitter-s-twtr-top-bosses-poised-to-exit-with-100-million-as-musk-takes-over?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWTR","symbol_name":"Twitter","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-10-28/twitter-s-twtr-top-bosses-poised-to-exit-with-100-million-as-musk-takes-over?srnd=premium-asia","article_id":"1107624193","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107624193","pubTimestamp":1666962407,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"CEO Agrawal, Segal and Gadde are among those said to be firedTop executives entitled to severance, p","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TWTR":"Twitter"},"translate_title":"随着马斯克的接手，Twitter的高管们将带着1亿美元的奖金离职","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWTR":0.9},"content_text":"CEO Agrawal, Segal and Gadde are among those said to be firedTop executives entitled to severance, payouts of equity awardsThree of Twitter Inc.’s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect more than $100 million in severance and payouts of previously granted equity awards.Chief Executive Officer Parag Agrawal, who stepped into the role less than a year ago, is eligible to receive roughly $50 million, according to calculations by Bloomberg News. Chief Financial Officer Ned Segal and Vijaya Gadde, head of legal, policy and trust, are in line for about $37 million and $17 million each, respectively.The three and other major Twitter executives were among those to depart after Musk took the helm at the social media giant on Thursday, people familiar with the matter said. Their exits cap more than six months of public and legal wrangling that now have ended with Musk, the world’s richest person, seizing the CEO job.Like many top leaders at big public companies, Agrawal and his lieutenants were entitled to severance equal to a year’s salary and cash-outs of unvested equity awards if Twitter was bought and they lost their jobs in the process, according to the terms of the company’s severance policy. 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