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This Article is From Mar 05, 2024

Ex-Twitter CEO Parag Agrawal, Others Sue Elon Musk Over Severance Payments

The executives, who led the company during a lengthy and at times hostile takeover process, say Elon Musk fired them citing gross negligence and willful misconduct, which they deny, the WSJ reported.

Ex-Twitter CEO Parag Agrawal, Others Sue Elon Musk Over Severance Payments
Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk.
San Francisco:

Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in severance, the Wall Street Journal reported on Monday.

The other plaintiffs are Ned Segal, Twitter's former chief financial officer; Vijaya Gadde, its former chief legal officer; and Sean Edgett, its former general counsel, according to the report.

The executives, who led the company during a lengthy and at times hostile takeover process in which they sued the billionaire to follow through with the acquisition after Musk changed his mind, say Musk fired them citing gross negligence and willful misconduct, which they deny, the WSJ reported.

Social media platform X, formerly known as Twitter, did not immediately respond to a Reuters request for comment.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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