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.
The three and other major Twitter executives were among those to depart after Musk took the helm at the social media giant on Thursday, people familiar with the matter said. Their exits cap more than six months of public and legal wrangling that now have ended with Musk, the world’s richest person, seizing the CEO job.
