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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Twitter bosses entitled to $120m in ‘golden parachute’ payouts

Parag Agrawal, the outgoing chief executive of Twitter.
Parag Agrawal, the outgoing chief executive of Twitter. Photograph: Brendan McDermid/Reuters

Twitter’s top executives will be entitled to “golden parachute” payouts worth more than $120m if removed as expected by the company’s new owner, Elon Musk.

Musk reportedly immediately removed the chief executive, Parag Agrawal, finance boss Ned Segal, and Vijaya Gadde, the head of legal, policy and safety, after closing the $44bn takeover of the social network company.

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