Elon Musk takes over Twitter, Fires CEO, Other Top Execs

Musk takes over Twitter, Fires CEO, Other Top Execs

Created By: StateWeb Oct. 28, 2022

The world's richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter a protracted deal ends as the billionaire and "free speech absolutist".

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Twitter's most important shitposter, added the company to his business empire after months of legal battles and insiders.

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Musk fired Parag Agarwal, who replaced Jack Dorsey as CEO of Twitter, and Chief Financial Officer Ned Segal.

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Vijaya Gadde, the company's policy chief whom Musk publicly criticized, was also fired. Sean Edgett, the general counsel, also left.

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Chief customer officer Sarah Personette was also fired, according to Insider reports.

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The execs received handsome payouts for their trouble: Agrawal got $38.7 million, Segal got $25.4 million, Gadde got $12.5 million.

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And Personette, who tweeted yesterday how excited he was for Musk's takeover, received $11.2 million.

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Twitter co-founder Biz Stone thanked Mr. Agrawal, Mr. Segal, and Ms. Gadde for their "collective contribution" to the business.

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Thank You For Reading!

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