Twitter Inc (NYSE:TWTR) CEO Parag Agrawal could stand to get a severance check worth over $40 million if he is terminated within 12 months of Tesla Inc (NASDAQ:TSLA) CEO Elon Musk taking over the social media platform.
What Happened: Equilar, a source for corporate leadership data, estimated that vesting of all of Agrawal’s equity awards (at Musk’s offering price of $54.20 per share) and a year’s worth of base salary would bring the severance figure to $42 million, reported Reuters.
