Who is Parag Agrawal, Twitter's new CEO?
Who is Twitter CEO Parag Agrawal and what is his salary? The elevation of Parag Agrawal as Chief Executive Officer (CEO) of Twitter has once again highlighted the fact that many prominent global technology companies are headed by Indian-origin techies. The 37-year-old computer scientist with a PhD from Stanford will take over the CEO of the microblogging site immediately, following Jack Dorsey's surprise resignation. Also Read | CEO Parag Agrawal hopes to extend Twitter's reach, continue progress Agrawal has joined the likes of Google CEO Sundar Pichai, Microsoft CEO Satya Nadella, and IBM CEO Arvind Krishna, who all are at the helm of global tech. Also Read | No case of Omicron variant in India yet: Health Minister Parag Agrawal, agd 37, is an alumnus of the Indian Institute of Technology Mumbai where he did his Bachelors in Engineering in computer science. He moved to the US for further studies, with his doctorate coming from Stanford University based in California. Further, Parag joined Twitter in 2011. Before that, he briefly worked at Microsoft, AT&T and Yahoo. In all three companies, his work was mostly research-oriented. Initially, at Twitter, he worked on ad-related products, but gradually he also dabbled in artificial intelligence. Earlier, Dorsey announced that he was resigning as CEO of Twitter and that Agrawal was replacing him. "Parag has been behind every critical decision that helped turn this company around. He's curious, probing, rational, creative, demanding, self-aware, and humble," Dorsey posted on his Twitter account.
How much salary will Twitter's new CEO Parag Agrawal receive?
Twitter's new CEO Parag Agrawal will take an annual salary of $1 million, along with bonuses, the company informed the US Securities and Exchange Commission. He will receive restricted stock units valued at 412.5 million that will later vest in 16 equal quarterly increments, starting Feb 1, 2022.-PTC News