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Twitter’s Top Executives Are Set to Exit With $100 Million Payout as Musk Takes Over

  • CEO Agrawal, Segal and Gadde are among those said to be fired
  • Top executives entitled to severance, payouts of equity awards
Bloomberg business news
Musk Closes Deal to Take Twitter Private for $44 Billion

Three of Twitter Inc.’s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect more than $100 million in severance and payouts of previously granted equity awards.

Chief Executive Officer Parag Agrawal, who stepped into the role less than a year ago, is eligible to receive roughly $50 million, according to calculations by Bloomberg News. Chief Financial Officer Ned Segal and Vijaya Gadde, head of legal, policy and trust, are in line for about $37 million and $17 million each, respectively.