Elon Musk pays $122 million compensation to three Twitter executives he fired

It was revealed that Elon Musk fired executives together with Twitter CEO Parag Agrawal and CFO Ned Segal. The three executives will obtain a complete of $122 million.

Elon Musk will pay $122 million compensation to 3 Twitter executives he fired

Elon Musk has formally introduced that he has purchased the social media big Twitter. The well-known billionaire shared his submit after the completion of the acquisition course of, “The fowl is free now” made statements.

Elon Musk fired Twitter’s executives

Within the information within the US press, there have been allegations that Musk fired Twitter Chief Govt (CEO) Parag Agrawal, Chief Monetary Officer (CFO) Ned Segal and senior authorized and coverage govt Vijaya Gadde.

Musk accuses executives of deceptive him and Twitter buyers concerning the variety of faux accounts on the platform.

They may obtain compensation of 122 million {dollars}

Analysis agency Equilar introduced that three high executives fired by Twitter’s new proprietor, Elon Musk, will obtain a complete of $122 million in compensation.

Elon Musk will pay 122 million dollars compensation to 3 Twitter executives he fired #1

Equilar, recognized for its analysis on govt compensation, introduced that Agrawal will obtain $57.4 million, Segal $44.5 million and Gadde $20 million.

Along with these funds, the three executives will collectively obtain an extra $65 million from Musk in trade for his or her stakes within the firm.

#Elon #Musk #pay #million #compensation #Twitter #executives #fired