Elon Musk’s first order of enterprise after taking up Twitter is to push out its CEO and his lieutenants

Additionally leaving are Vijaya Gadde, the top of authorized, coverage and belief; Chief Monetary Officer Ned Segal, who joined Twitter in 2017; and Sean Edgett, who has been common counsel at Twitter since 2012, in response to individuals accustomed to the matter, who declined to be named as a result of the data isn’t public. 

Twitter didn’t instantly reply to a request for remark.

Agrawal stepped into the CEO function in November, when co-founder Jack Dorsey unexpectedly resigned. Agrawal had been at Twitter for nearly a decade, most not too long ago as chief expertise officer, however his run as CEO was rapidly disrupted by Musk’s arrival as a serious shareholder and more and more vocal antagonist of its present management.

After Musk confirmed up, it grew to become clear that Agrawal was unlikely to maintain his job. “I don’t have faith in administration,” Musk stated in a single early submitting in regards to the deal, and the 2 executives exchanged some public swipes. In Could, Musk replied to a Twitter thread from Agrawal defending the corporate’s person metrics by tweeting again a poop emoji.

Textual content messages unveiled in the course of the lawsuit present that the 2 males had a contentious alternate early on in the course of the deal course of after Musk requested his followers whether or not Twitter was “dying.” 

Agrawal confronted him by way of textual content. “You’re free to tweet ‘is twitter dying?’ or anything about Twitter,” he wrote on April 9, “however it’s my accountability to let you know that it’s not serving to me make Twitter higher within the present context.” Musk fired again, “What did you get completed this week?” After which: “I’m not becoming a member of the board it is a waste of time.”

The next week, in messages with a good friend, Musk mocked Agrawal for being on trip in Hawaii throughout deal negotiations. “Shouldn’t he be in a conflict room proper now?!?” investor Jason Calacanis messaged Musk. “Does doing occasional zoom calls whereas ingesting fruity cocktails on the 4 Seasons depend?” Musk replied.

Efforts by former Twitter CEO Jack Dorsey to reconcile Musk, a longtime Dorsey good friend, and Agrawal after the deal was introduced additionally ended poorly. “At the least it grew to become clear that you may’t work collectively,” Dorsey messaged Musk after a bunch name. “That was clarifying.”

Agrawal received’t be leaving empty handed. As a part of the deal, the CEO will vest 100% of his unvested fairness awards, in response to a submitting. Analysis agency Equilar estimated which means he’ll make an estimated $42 million, Reuters reported.

As Twitter’s head of authorized and coverage points, Gadde has overseen the creation and enforcement of guidelines for a whole lot of tens of millions of web customers, together with distinguished ones which are topic to looser content material limitations underneath the corporate’s exemptions for newsworthy posts or world leaders’ communications. In buying Twitter, Musk has promised to show it right into a less-restrictive platform without cost speech, a transfer he has stated is “important to a functioning democracy.” 

Gadde was hit with a spate of on-line abuse earlier this yr after Musk publicly criticized content-related choices at Twitter. The corporate completely banned former US president Donald Trump in January 2021 following his supporters’ assault on the Capitol. Musk’s statements main as much as his buy of the social-media firm have led many to anticipate the billionaire will restore Trump’s account and reinstate different customers who’ve been blocked for breaking guidelines on offensive or harmful content material.

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