After Tesla CEO Elon Musk bought Twitter, the biggest question remains, will Parag Agrawal continue to be the CEO of Twitter?
Musk might replace the social media giant’s CEO Parag Agrawal soon, news agency Reutters reported quoting an inside source.
The Tesla boss had previously said that he is against Twitter’s management, so it is quite possible that there could be a shuffle in the management in the days to come. Or maybe not.
Ever since Elon Musk bought Twitter, employees have been constantly worried about losing their jobs.
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Twitter’s India-born CEO Parag Agrawal had also told worried employees that he doesn’t know “what direction this company will go in” after Musk takes over.
The remarks by Agrawal, who took over the helm of the social networking giant just five months ago, came during a meeting with Twitter employees after the company said it had accepted Musk’s offer to buy it for about USD 44 billion.
Agrawal was appointed as the CEO of Twitter right after co-founder Jack Dorsey stepped down from his position. Parag has been serving as Twitter CEO since November last year. He previously served as CTO at the company.
Musk will need to pay Agarwal around USD 42 million if he is terminated within 12 months of a change in control at the microblogging site. However, Twitter hasn’t commented on the matter yet.