India

How much salary will Parag Agarwal, the CEO of Twitter born in Rajasthan, get?

New Delhi: According to a filing with the US Securities and Exchange Commission (SEC), 37-year-old Parag Agarwal is an IIT-Bombay graduate. Jack Dorsey takes over as the new CEO of Twitter. Parag will be paid a $1 million annual salary and bonus. In addition Parag Agarwal will receive $12.5 million in restricted stock units (RSUs), which are vested in 16 equal quarterly increments beginning February 1, 2022, as well as performance-based restricted stock units in April 2022. Agarwal got RSUs and PRSUs earlier this year. According to Twitter, but no specific information was given. Twitter co-founder Jack Dorsey, who stepped down as CEO on November 29, offered all compensation since 2015 except an annual salary of $1.40 as a testament to his commitment and belief in Twitter’s long-term value creation potential. and benefits were denied. As a testament to their commitment and belief in Twitter’s long-term value creation potential since 2018. ( tweter ceo salary )

Also read: IPL 2022: KL Rahul and Rashid Khan may be banned for one year between retention, know why

Dorsey owns about 2.26 percent of Twitter

In recent years, he has sold hundreds of millions of dollars worth of stock in Square, a digital payments company. Dorsey co-founded Square in 2009, and the company’s $98.2 billion market is more than quadruple Twitter’s $37 billion. Dorsey currently owns about 11 percent of Square and about 2.26 percent of Twitter. On November 29, Agarwal was named the CEO of Twitter. Microsoft’s Satya Nadella, Alphabet’s Sundar Pichai, IBM’s Arvind Krishna and Adobe’s Shantanu Narain were inducted as global IT CEOs from India. He started working for the social media company in 2011 and has been its Chief Technology Officer (CTO) since October 2017.

Tactics must be bold and correct ( tweter ceo sallary )

In a letter to employees, Paras Agarwal said, “I see the incredible impact of Twitter, our continued progress and the exciting opportunities ahead of us.” Our purpose has never been more important. Our people and our culture are different from anything else in the world. There is no limit to what we can do together. We have recently updated our strategy to achieve ambitious goals, and I believe that strategy should be bold and correct. But our key challenge is how we work against it and deliver results – that’s how we can make Twitter the best it can be. To each and every one of our customers, shareholders and you. ( tweter ceo salary )

Shivam Bangwal

Shivam Bangwal is an India-based Entrepreneur. He is the Founder of Successful Startups like Youthistaan, People News Chronicle, Hitchhike TV & Branding Panther. Shivam has done his Master's in Computer Applications.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button