According to The Hollywood Reporter, the clause could be triggered even if Elon Musk chooses to take the company private. The clause includes money for other Twitter executives, like CFO Ned Segal, who would get $25.5 million if Musk breaks the agreement. So what does this deal mean for the former CEO of Twitter, Jack Dorsey? Dorsey stepped down from the role in November 2021 after nearly 16 years at Twitter, reports The New York Times. He was replaced by Agrawal, who had worked as Twitter’s chief technology officer in prior years.
And according to the proxy filing, Twitter’s former CEO, Jack Dorsey, had a surprising salary in 2021. He made $1.40 — no, not $1.4 million; Dorsey actually made under two dollars at Twitter in 2021, which was at his own behest. He currently holds 18 million Twitter stocks, which is just 2.4% the total amount of shares. But that could still lead to a huge payout for Dorsey, if Musk chooses to buy Dorsey’s millions of Twitter stocks.
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