Jakarta –
Three altitudes Twitter Those fired by Elon Musk are said to receive severance pay of up to $ 122 million or about Rp 1.9 trillion. (exchange rate 15.608). This was revealed by a research company, Equilar.
Reported by ReutersOn Monday (10/31/2022), Elon Musk fired Twitter officials, namely Chief Executive Officer (CEO) Parag Agrawal, Chief Financial Officer (CFO) Ned Segal, and Chief Legal and Political Affairs Vejaya Gadde.
Equiral, a research firm that focuses on compensation of company officials, said Parag Agrawal will receive $ 57.4 million or Rp 896 billion.
Meanwhile, Ned Segal will receive $ 44.5 million or Rp 694 billion and Vejaya Gadde will receive $ 20 million or Rp 312 billion.
Of course, this figure is obtained according to the provisions of the employment contract. In the contract called “Golden Parachute Compensation”, company officials obtain additional compensation rights if they are fired if Twitter merger or acquisition.
In addition to the severance pay, former Twitter executives will also receive a collective $ 65 million in exchange for the stake they own in Musk’s now privately owned company.
Gadde has the highest stake between Segal and Agrawal will receive a payment of US $ 34.8 million or around Rp. 543 billion, so Segal of US $ 22 million or about Rp. 343 billion and Agrawal of US $ 8.4 million or about Rp 131 billion.
As for the severance pay received by the three former top management Twitter it consists of a basic salary for one year, health benefits and various other entitlements.
(fdl / fdl)
