Agrawal, the New Twitter's Head

Jack Dorsey who served as the CEO of Twitter handed over his position to indian origin Twitter CTO Parag Agarwal who started his career in the company 10 years back and is been a CTO since 2017. Jack twitted with a caption, “not sure if anyone has heard but, I resigned from Twitter.” He added, “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders. My trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart, and soul. It’s his time to lead.” Twitter’s new CEO will receive a major payday in addition to his promotion. Parag Agrawal, will receive an annual salary of $1 million, according to documents the company filed with the Securities and Exchange Commission. Agrawal, 37, will also be eligible for an annual performance bonus worth as much as 150% of his salary, meaning he could take home up to another $2.5 million per year. Agrawal has also been granted a stock award worth $12.5 million, which will vest in 16 equal quarterly increments beginning February 1, 2022. Agrawal’s salary is a far cry from the $1.40 annual pay his predecessor earned for the past few years. Dorsey took a lower salary to symbolize “his commitment to and belief in Twitter’s long-term value creation potential,” the company said in a filing. He is currently worth more than $12 billion, according to Bloomberg. CEO's of big software and internet company names such as Google and Microsoft were all indian origin. Indian-American business executive Sundar Pichai is the chief executive officer (CEO) of Alphabet Inc. and its subsidiary Google. He was born in Madras, India. While Satya (Satyanarayana) Nadella, is an Indian-born American business executive and executive chairman and CEO of Microsoft, succeeding Steve Ballmer in 2014 as CEO.