At least four Twitter executives are leaving after new owner Elon Musk closed the deal on Thursday, according to multiple media reports.
Why it matters: Musk has the keys to one of the most popular social networks for news and information — and can reshape its leadership to his liking.
Among the Twitter executives departing on Thursday:
- CEO Parag Agrawal, per CNBC.
- CFO Ned Segal, per Washington Post.
- Vijaya Gadde of Legal, Policy and Trust & Safety, per N.Y. Times.
- Sean Edgett, general counsel, per Bloomberg.
Between the lines: Gadde was behind the decision to permanently ban former President Trump from Twitter.
- As of Thursday evening, Trump's account was still inactivate.
The bottom line: Parag Agrawal vested 100% of his equity awards in the sale and will make around $42 million, Reuters reports.
