These Are the People at Twitter Who Will Be Fired

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
These Are the People at Twitter Who Will Be Fired

© Thinkstock

Elon Musk is expected to take over as owner of Twitter in several months. Because it is a public company, there will need to be a shareholder vote and SEC filings. For these reasons alone, the process will drag on, perhaps toward the end of summer.

Musk will not need or want several of the people at Twitter. This includes, at the very least, the board and chief executive officer. They may get very good exit packages, which will help some with the pain of being fired.

Musk’s most important target will be CEO Parag Agrawal. He has held his job for less than a year. There is no sign he has, or can, improve Twitter’s financial performance. He joined Twitter in 2011 and was chief technology officer before his promotion.
[nativounit]
Bret Taylor, the co-CEO of Salesforce, is Twitter’s independent board chair. He joined the board in 2016 and so has to take a great deal of responsibility for Twitter’s failure.
[recirclink id=1047673]
Several board members are former Twitter executives. Omid R. Kordestan has been on the board since 2015. He was executive board chair from October 2015 to May 2020. Jack Dorsey, a co-founder of Twitter, served as CEO until recently, and he is co-founder and current CEO of Square. He was widely criticized when he ran both companies simultaneously.
[wallst_email_signup]
Other Twitter board members likely to be pushed out are Mimi Alemayehou, a senior vice president at Mastercard; Egon Durban, a co-CEO at Silver Lake; Martha Lane Fox, founder and board chair of Lucky Voice Group; Crossbench Peer, House of Lords, Dr. Fei-Fei Li, a professor at Stanford; Patrick Pichette, a general partner at Inovia Capital; former Google senior vice president and chief financial officer, David Rosenblatt, now CEO of 1stdibs.com; and Robert Zoellick, former board chair of AllianceBernstein.

Ned Segal, Twitter’s chief financial officer, probably will be fired as well, along with Vijaya Gadde, the head of Legal, Policy, and Trust.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618