How much is the salary of the new CEO of Twitter?
Parag Agarwal, of Indian descent, has taken over as Twitter’s chief executive officer (CEO). After taking the new responsibility, there is interest in how much salary he is going to get. According to the Indian media LiveMint, he will get a salary of only 1 million US dollars every year. Besides, there are other benefits and bonuses.
Parag has been working as the Chief Technology Officer (CTO) of Twitter since 2016. He oversaw the company’s technical techniques. He joined Twitter in 2011 as a software engineer. He was responsible for making progress in the field of software development and for the application of artificial intelligence machine learning technology at all levels.
Twitter has submitted documents to the US Securities and Exchange Commission regarding the salary and benefits of Parag Agarwal. The issue of annual salary has been confirmed there. It has been said that in addition to the basic salary, Pollen will get 150 percent bonus. You will also receive a share of Twitter shares.
Parag Agarwal, 36, graduated from IIT Mumbai. He later received his PhD from Stanford University in the United States.
Earlier, on November 29, Jack Dorsey resigned as CEO of Twitter. He announced the name of Parag as his successor. Despite his resignation, Dorsey remains on Twitter’s board committee until 2022.
Explaining why he is leaving Twitter as CEO and why Pollen is fit for the job, Dorsey said, “I have decided to leave Twitter because, I believe, the company is ready to overtake its founders. As CEO of Twitter, I have deep confidence in Pollen. Many changes have taken place in his work in the last 10 years. I am deeply grateful for his skill, heart and soul. It’s time to dump her and move on. ”
In a statement, Parag said, “I would like to thank the Board of Directors for their confidence in my leadership and Dorsey for his education, support and partnership. I want to build everything on the basis of what we have achieved under Dorsey’s leadership. “
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