4 best executives of Twitter, which includes India-born Parag Agrawal, were being sacked from the business following Elon Musk took in excess of Twitter on Friday. Even though Parag Agrawal has not adjusted his Twitter bio and has not nevertheless set out any assertion about his a lot-mentioned exit from the business, previous main money officer Ned Segal and previous common counsel Sean Edgett set out their statements on Twitter following getting fired. Also Study | Parag Agrawal ‘escorted out’ of Twitter headquarters following Musk takeover: Report
Previous CFO Ned Segal adjusted his Twitter bio to 'current fan' of Twitter. In a very long assertion, he verified his exit from Twitter which concluded his 5-calendar year tenure there. "The perform is not total, but we designed significant development," he wrote.
Detailing the achievements attained, Segal wrote that the previous 6 months have been demanding and unpredictable. "The previous 6 months have pulled on each and every psychological muscle mass I have designed in forty eight yrs. You find out so a lot when instances are demanding and unpredictable when we are worn out or truly feel our integrity questioned. Our crew remained form, respectful, and steadfast. They are lifelong good friends," he wrote thanking his previous crew and loved ones customers.
Segal also dropped a suggestion for Sean Edgett inquiring companies to get in an orderly line to employ the service of him. "This gentleman is a legend, he’s humorous, a wonderful buddy, and the coolest cat in the toughest times. Commence forming an orderly line to employ the service of him as GC, you want him in the trenches with you!" he tweeted.
Sean Edgett, on the other hand, set out a tweet confirming his exit. "Twitter is complete of the most remarkable persons. I have so a lot gratitude for my previous crew and colleagues. Preserve using very good treatment of this area, Tweagle," he tweeted with a coronary heart indication.
In accordance to a clean estimate of study business Equilar, Parag Agrawal, Ned Segal and previous lawful affairs and coverage main Vijaya Gadde will get $122 million -- Parag Agrawal $fifty seven.4 million, Segal $forty four.5 million and Gadde $twenty million. In addition, the a few executives also will obtain a collective $sixty five million from Musk in trade for shares they held in the business he has now taken personal. Gadde's stake was the most precious, really worth $34.8 million centered on the closing sale value of $fifty four.twenty for each share, adopted by $22 million for Segal and $8.4 million for Agrawal, Reuters documented.
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