The first thing Tesla and SpaceX CEO Elon Musk did on Twitter the previous day when he completed his purchases was to remove senior management. Ned Segal, Vice President for Finance, who Musk dismissed, made very strong statements after receiving a $25-million settlement.
After purchasing Twitter, Musk was practically a disembodiant of the upper level, particularly the company’s CEO, Parag Agrawal, and put a lot of names on the doorstep.
These names included Ned Segal, Twitter’s Deputy Managing Director for Finance (CFO). Segal, who is eligible for a 25.4 million dollar compensation for being fired, has publicly shared the latest developments in the financial company.
HE RECEIVED COMPENSATION FOR HIS CONTRACT
“It has been unsanity for Elon Musk to do so in the agreement. For the last 6 months, my mental health has been played for 48 years. You learn a lot when things are challenging and uncertain, but we’re also tired,” he said. Segal thanked his colleagues on Twitter and said Twitter’s future was bright.
Agrawal, the director of Segal, who was entitled to a 25.4 million dollar compensation for “in the event of a change in management”, was entitled to 38.7 million dollars. Segal, who joined Twitter in 2017, previously served as a senior member of Goldman Sachs.