Who Is Ceo Of Twitter

Agrawal Has Fostered Strong Relationships With Other Tech Leaders

Agrawal has a prior relationship with former AWS lead Andy Jassy, who spent 15 years growing AWS to a $40 billion business before he replaced Jeff Bezos as Amazon’s CEO earlier this year.

Twitter announced in 2020 a plan to deliver timelines using Amazon Web Services. The decision marked the first time Twitter used a public cloud to deliver real-time service, according to ZDNet.

“Really excited about working w/ & the whole team to help power the real-time, global traffic of this vibrant platform w/ services & #infrastructure,” Jassy said in a tweet.

Parag Agrawal

New Ceo Parag Agrawal Said He Made The Changes In The Name Of Operational Rigor And Faster Execution

Twitters new chief executive, Parag Agrawal, announced a major reorganization of the company Friday, putting his stamp on the organization following the sudden departure of co-founder and CEO Jack Dorsey earlier this week.

The shake-up, meant to streamline the companys operations and accelerate its growth, will bring together employees previously divided by job function such as engineering, design and product development on teams organized by what theyre working on, such as consumer product, revenue and core tech. Two executives, head of engineering Michael Montano and chief design officer Dantley Davis, will step down as part of the reshuffling and leave the company by years end.

In a companywide email obtained by The Washington Post, Agrawal said that he will focus on clear decision-making, increased accountability, and faster execution, and said he was making a number of organizational and leadership changes to best position us to achieve our goals. Weve all discussed the critical need for more operational rigor and it must start from the top.

Twitter subsequently confirmed the moves, and it reported them to the U.S. Securities and Exchange Commission in a filing.

Twitter spokeswoman Liz Kelley said the moves were Agrawals decision, and that the departures of Montano and Davis were solely the result of the organizational shift.

Stock Launch And Tax Issues

On September 12, 2013, Twitter announced that it had filed papers with the ahead of a planned . It revealed its in an 800-page filing. Twitter planned to raise US$1 billion as the basis for its stock market debut. The filing states that “200,000,000+ monthly active users” access Twitter and “500,000,000+ tweets per day” are posted. In an October 15, 2013, amendment to their SEC filing, Twitter declared that they would list on the , quashing speculation that their stock would trade on the exchange. This decision was widely viewed to be a reaction to the botched . On November 6, 2013, 70 million shares were priced at US$26 and issued by lead underwriter .

On November 7, 2013, the first day of trading on the NYSE, Twitter shares opened at $26.00 and closed at US$44.90, giving the company a valuation of around US$31 billion. Consequently, executives and early investors marginally increased their capital, including co-founders Williams and Dorsey who received a sum of US$2.56 billion and US$1.05 billion respectively, while ‘s payment was US$345 million. On February 5, 2014, Twitter published its first results as a public company, showing a net loss of $511 million in the fourth quarter of 2013. On January 5, 2016, CEO Jack Dorsey commented on a report that Twitter planned to expand its character limit to 10,000 , requiring users to click to see anything beyond 140 characters. He said while Twitter would “never lose that feeling” of speed, users could do more with the text.

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Agrawal’s Wife Is A Venture Capitalist And A Physician

Agrawal’s spouse, Vineeta, is a general partner at Andreessen Horowitz leading investments in biology companies, including therapeutics, diagnostics, and digital health, according to her bio.

The VC is also board certified in internal medicine and has a bachelor’s degree from Stanford, a medical degree from Harvard, and a doctorate from MIT.

The two are raising a three-year-old son.

Parag Agrawal

Parag Agrawal Named As Twitter’s New Ceo

Agrawal joined Twitter as an engineer in 2011. He was named the company’s first distinguished engineer for his impact on renewing audience growth in 2016 and 2017, Twitter said in its statement. In 2017, Agrawal was named chief technology officer.

In an email to employees, Agrawal said he is “honored and humbled” to take over as Twitter’s next CEO.

“I’ve walked in your shoes, I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes,” wrote Agrawal. “But then and now, above all else, I see Twitter’s incredible impact, our continued progress, and the exciting opportunities ahead of us.”

Agrawals annual base salary is $1 million with a $1.5 million target bonus, according to documents Twitter filed with the Securities and Exchange Commission Monday. He will also be granted restricted stock units with a value of $25 million.

Contributing: Associated Press Kelly Tyko, USA TODAY

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Missouri University Of Science And Technology

Missouri University of Science and Technology, or Missouri S& T, is a in . It is a member institution of the . Most of its 7,645 students study , , , and . Known primarily for its engineering school, Missouri S& T offers degree programs in business and management systems, information science and technology, sciences, social sciences, humanities, and arts. It is among “R2: Doctoral Universities High research activity”.

He’s A Big Believer In Cryptocurrency Frequently Tweeting About Its Virtues

In particular, Dorsey is a fan of Bitcoin, which he described in early 2019 as “resilient” and “principled.” He told the “Tales of the Crypt” podcast in March that year that he was maxing out the $10,000 weekly spending limit on Square’s Cash App buying up Bitcoin.

In October 2020 he slammed Coinbase CEO Brian Armstrong for forbidding employee activism at the company, saying cryptocurrency is itself a form of activism.

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Why Did Jack Dorsey Resign

In an mail to Twitter employees, Dorsey wrote: Theres a lot of talk about the importance of a company being founder-led. Ultimately, I believe thats severely limiting and a single point of failure. Twitters Board of Directors had been looking for a replacement for Dorsey since the last one year, in an attempt to get a full-time CEO for the microblogging site. The 45-year old co-founder of Twitter has been allocating his time to his other ventures including digital payments firm Square, which he also co-founded. According to reports, the board of Twitter had been looking for a full-time CEO for the social media company since the last one year. Dorsey, co-founded Twitter in 2006, and served as CEO till 2008 before he was pushed out of his role. He returned to the company in the executive role in 2015 after former CEO Dick Costolo resigned.

not sure anyone has heard but,

I resigned from Twitter

jack

Agrawal Leads Some Of Twitters Most Forward

According to a company release, as CTO Agrawal oversaw Twitters technical strategy, leading work to improve development velocity while advancing the state of Machine Learning across the company.

In practice, this means Agrawal has worked on some of involving machine learning, cryptocurrencies and cloud technology, and has been a key part of Twitters push for the decentralization of social media platforms.

Notably, Agrawal has championed and pushed for , an attempt to build that future by developing an open-source and independent networking protocol for social media that different companies can use.

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What Does It Mean For Agrawal

For Agrawal, the appointment has come at a time when Twitter is aggressively pushing for growth. Earlier this year, the firm announced its aims to have 315 million monetisable daily active users by the end of 2023 and to at least double its annual revenue by then. He takes over the companys executive role when it has come under fire from investors for not launching any new monetisable product for years something that led to the 2023 plan being announced.

Who Is Twitter Ceo Parag Agrawal

In a statement from the Board of Directors at Twitter, Parag Agrawal has unanimously been appointed as CEO and a member of the Board, effective immediately.

Jack Dorsey will remain a member of the board until 2022.

“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,” said Dorsey.

“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.”

Agrawal continued the announcement, adding his thanks and excitement for the future at Twitter.

“I want to thank the Board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership,” Agrawal said.

“I look forward to building on everything we have accomplished under Jack’s leadership and I am incredibly energized by the opportunities ahead.

“By continuing to improve our execution, we will deliver tremendous value for our customers and shareholders as we reshape the future of public conversation.”

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How Much Will Parag Agarwal Earn As Twitters New Ceo

Parag Agarwal, the new Twitter chief executive officer will receive an annual salary of $1 million-plus bonuses, the company said in a filing with the U.S. Securities and Exchange Commission . The 37-year-old will also receive restricted stock units valued at $12.5 million that will vest in 16 equal quarterly increments, starting February 1, 2022, along with performance-based restricted stock units in April 2022.

NOW READ

Dorsey’s Exit From Twitter Reveals Shortening ‘shelf Life’ Of Tech’s Ceo

When Twitter’s Jack Dorsey stepped down as the companys CEO late last month, he became the latest example of the tech sector’s CEO-founder governance model outliving its usefulness.

In recent years, Amazon’s Jeff Bezos, Alphabet’s dynamic duo of Sergey Brin and Larry Page, Uber’s Travis Kalanick have all stepped aside for various reasons, leaving an ever-dwindling number of founder-leaders in the driver’s seat at giants like Meta , Tesla and Airbnb .

As big tech companies amassed more scale and influence, these companies have faced pointed questions from investors and regulators about how theyre being run and whether their larger-than-life leaders are really acting in the best interest of workers and the marketplace.

Dorsey himself who was once forced out of Twitter only to boomerang was critical of the founder-CEO role. In his resignation letter, he said the model was severely limiting to a single point of failure. Ive worked hard to ensure this company can break away from its founders and founding.

Twitter has been under pressure from activist investors to accelerate the platforms development and improve its finances something that illustrates the shortcomings of having founders stay too long at the dance, according to critics.

Theres definitely a shelf life to founder CEOs, Travis Howell, assistant professor of strategy at the University of California, Irvine, told Yahoo Finance in an interview.

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Fines Penalties And Sanctions

Violation of campaign finance laws

In October 2020 Twitter was fined $100,000 by Washington State for violating that state’s campaign finance disclosure rules. A judgement filed on October 13, 2020, found “the social media platform failed to maintain public inspection records of nearly $200,000 paid to it for political ads in violation of state law” according to Washington Attorney General .

Who Is Parag Agarwal How Much He Will Be Paid As Twitter Ceo And Other Details You Want To Know

Indian-American Parag Agarwal has been appointed as the new CEO of Twitter, making him one of the many leaders of Multinational companies who are of Indian origin. After Twitters co-founder and current CEO, Jack Dorsey stepped down from his position, the appointment of Parag Agarwal, who was initially the Chief Technology Officer , was announced in a statement shared on Twitter. Agarwal has been working with the social media platform for almost a decade now, but since his new appointment, theres much to know about him. Here are details of what you must know about the new Twitter CEO.

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What Has He Done At Twitter

Twitter’s press release notes that Agrawal was the first-ever person at the company to hold the title of “Distinguished Software Engineer” before he became CTO. As an engineer, Agrawal started out working on the company’s advertising team. In addition to integrating machine learning technology, Agrawal also improved the platform’s algorithms to make more relevant tweets appear in users’ timelines, CNBC previously reported.

His success as an engineer helped spur audience growth at Twitter, according to his bio, and made him a rising star at the company long before taking over for Dorsey.

Since becoming CTO, Agrawal has also worked closely with Dorsey on projects like Bluesky, a team at Twitter researching open and decentralized technical standards for social media platforms that would allow content posted on one social platform to work seamlessly on other social sites, CNBC’s Salvador Rodriguez reported on Monday.

Twitter’s board unanimously voted for Agrawal to takeover as CEO on Monday, while also appointing him to the company’s board of directors. Dorsey, who will remain on Twitter’s board until his term expires in 2022, tweeted a screenshot of an email he sent to Twitter employees in which he wrote that his trust in Agrawal “as our CEO is bone deep.”

“He’s been my choice for some time given how deeply he understands the company and its needs,” Dorsey said of Agrawal in the email.

In April 2020 Dorsey Announced That He Was Forming A New Charity Fund That Would Help In Global Relief Efforts Amid The Coronavirus Pandemic

Dorsey said he would pour $1 billion of his own Square equity into the fund, or roughly 28% of his total wealth at the time.

The fund, dubbed Start Small LLC, would first focus on helping in the fight against the coronavirus pandemic, he said.

Dorsey said he would be making all transactions on behalf of the fund public in a spreadsheet.

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Social Media Giants Teaming With Government On Censorship ‘biggest Problem’: Ramaswamy

‘Woke, Inc.’ author Vivek Ramaswamy argues the United States needs section 230 reform.

When Twitter co-founder Jack Dorsey announced he was stepping down as CEO of the social media platform on Monday, it came as a surprise to many.

Then all eyes turned to his successor, Parag Agrawal, who was thrust into the spotlight upon the news.

Parag Agrawal CEO: Twitter

He Will Probably Steer Speech Rules On Twitter

As CEO of Twitter, Dorsey often had to make calls on how much the social media platform should place freedom of expression above other goals, such as protecting the safety of users, both on and off Twitter.

When Twitter banned President Donald Trump in January, accusing him of inciting violence in the wake of the Jan. 6 insurrection at the U.S. Capitol, Dorsey said it was both the right call for the company and a dangerous precedent to set for the open internet.

As CEO, Agrawal will probably make calls on matters of free speech in the coming years, too, and those decisions will be closely watched. Some of his past comments hint at his views on the matter.

In a 2020 interview with MIT Technology Review, Agrawal answered a question about how to balance protecting free speech and fighting misinformation on Twitter. He said: Our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation and our moves are reflective of things that we believe lead to a healthier public conversation.

Agrawal argued Twitters main role in this is not to decide whats true and whats not and to block users or content accordingly but rather to decide which subset of content on the Internet gets brought to the attention of users of the platform in the service of a healthy public debate.

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Before Joining Twitter Mr Agrawal Worked At Microsoft Corp Yahoo And At& t Labs Inc In Their Research Units

Twitter Inc on Monday, November 29, 2021, promoted company insider and technology head Parag Agrawal to replace Chief Executive Officer Jack Dorsey.

The social media networking platform joins tech giants Apple, Amazon and Alphabet in tapping a company insider for the top job.

Here are some facts about Mr. Agrawal:

He Also Told Kara Swisher That Elon Musk Is His Favorite Twitter User

Dorsey said Musk’s tweets are, “focused on solving existential problems and sharing his thinking openly.”

He added that he enjoys all the “ups and downs” that come with Musk’s sometimes unpredictable use of the site. Musk himself replied, tweeting his thanks and “Twitter rocks!” followed by a string of random emojis.

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