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Twitter Grants Kordestani $12 Million in Restricted Stock Awards

  • Executive chairman will get annual salary of $50,000
  • Kordestani appointed to Twitter's board earlier this week
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Twitter Steals Executive From Google

Twitter Inc. granted new Executive Chairman Omid Kordestani $11.9 million in restricted stock, according to a filing from the San Francisco-based social network.

Kordestani will also receive 800,000 options to purchase Twitter shares and an annual salary of $50,000, according to the filing Friday.