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More than a hundred million dollars will be paid to the dismissed directors of Twitter Russian news EN

Bloomberg: Twitter to pay more than $100 million to fired directors

Former CEO of Twitter Parag Agrawal, who was replaced by Elon Musk, can pay about 50 million dollars. About it informs Bloomberg agency.

After Elon Musk bought the company, CEO Parag Agrawal, CFO Ned Segal, head of legal policy Vijaya Gadde and other executives left Twitter. According to Bloomberg, CEO Agrawal could be paid $50 million in compensation, Seagal $37 million and Gadda $17 million.

The exact amount will be set if it is proven that employees were laid off in the process of Elon Musk’s purchase of the company. It will consist of severance pay, which is equal to wages.

Formerly Elon Musk explained the purchase of Twitter by the desire to help humanity. He indicated that he considers it important for civilization to have one digital platform where different opinions can be discussed in a healthy atmosphere.

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