Twitter CEO set to receive $42 million if terminated after Musk deal

FILE PHOTO: Illustration shows Twitter logo and a rising stock graph in this illustration taken, April 25, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) - Twitter Inc CEO Parag Agrawal would get an estimated $42 million if he were terminated within 12 months of a change in control at the social media company, according to research firm Equilar.

On Monday billionaire Elon Musk struck a deal to buy Twitter for $44 billion, ending its run as a public company since 2013.