HomeBusinessTwitter execs sacked on Musk takeover receive $122 million each: Report

Twitter execs sacked on Musk takeover receive $122 million each: Report

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  • On Friday, Equilar reported that three Twitter Inc. executives ousted by new owner Elon Musk will collect $122 million in severance compensation.
  • Parag Agrawal, Ned Segal, and Vijay Gadde were sacked by Musk, according to sources. They misled him and Twitter investors about the amount of phoney accounts on the network, he said.
  • Agrawal’s “golden parachute” was worth $57.4 million, Segal’s $44.5 million, and Gadde’s $20 million, according to Equilar’s CEO compensation data.

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