With Parag Agrawal, more than a dozen Indian-born individuals have been heading American Tech Inc. Today almost eight Indians are holding the chair of CEO for Fortune 500 companies.
The list includes Sundar Pichai, Satya Nadella, Arvind Krishna, Shantanu Narayen, Nikesh Arora, Jayshree Ullal, Anjali Sud, Ajaypal Singh Banga, and others.
Let us have an insight into the former Twitter CEO Parag Agrawal.
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Who Is Former Twitter CEO, Parag Agrawal?
An IIT Bombay Alumni, Parag Agarwal is Indian – American technology executive. He is the newly crowned CEO of Twitter.
He is the successor of Jack Dorsey, who announced Parag to be the new CEO on his last day. Parag Agarwal replaced Jack Dorsey with immediate effect.
Before being announced CEO of Twitter, Parag Agarwal worked as CTO of Twitter. As a CTO, he looked after the company’s technical strategy. He also looked after machine learning and artificial intelligence.
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Family Of Former Twitter CEO Parag Agrawal
Parag Agarwal was born in Ajmer, Rajasthan, India in 1984. His father shifted to Mumbai and worked as a Senior Official in the Indian Department of Atomic Energy.
His mother was a school teacher and is now retired. He is married to Vineeta Agarwal. She has a BS in Biophysics from Stanford University.
She has completed her MD and PhD from Harvard Medical School and MIT. She works as a general partner at Andreessen Horowitz, which is a venture capital firm. They are blessed with a son, Ansh. He also seems to have a Twitter handle.
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Early Life and Job of
Family Of Former Twitter CEO Parag Agrawal
After coming to Mumbai, he studied at Atomic Energy Central School No 4. He was a classmate of Indian singer Shreya Ghoshal. He took JEE exams to enter the prestigious Indian Institute of Technology.
As shared by his teacher, Praveen Tyagi. During his JEE (Joint Entrance Exams for IIT admissions), he regrets wasting his time taking supplements.
He completed the questions that he knew in forty minutes. Later, he went to the invigilator to ask for a supplement and was denied to give. He came back to his seat and read the instructions.
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One of the instructions said, “Tie all the supplements correctly in the right order.” He took the instructions to the invigilator and asked to order supplements. He was quite upset that he lost time in supplements.
Despite this, Parag Agarwal ranked 77th in IIT joint entrance exams. He opted for computer science at IIT Bombay. He completed his B Tech degree in computer science in 2005.
He later moved to the United States to pursue a PhD in computer science from Stanford University. He was guided by Jennifer Widom.
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He worked in a leadership position for the short term at Microsoft and Yahoo. He joined Twitter in 2011.
IIT Bombay To Twitter CEO Journey of Parag Agarwal
Parag Agarwal completed his education in computer science at IIT Bombay in 2005. Post that, he left for the United States. He was admitted to Sandford for PhD in Computer Science.
He was guided by Jennifer Widom for his PhD. Not much information about Parag Agarwal is available during his Stanford days.
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After completing his PhD, he joined a leadership position at Microsoft Research. He served for a short term and left. He then joined Yahoo Research for a leadership position.
But he left that too in the short term. He also served at AT&T for a short duration. In Microsoft and Yahoo, he was involved in large-scale data management with collaborators.
In October 2011, he joined Twitter as a distinguished software engineer. He climbed up the ladder to become Chief Technology Officer. He has put in a lot of effort to scale Twitter Ads systems.
He has also worked on e-accelerating user growth by improving home timeline relevance. He has been instrumental in Project Blue Sky. This is an open-source project that has tapped some open-source crypto developers to build an open standard for social media.
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During an interview in November 2020 with MIT Technology Reviews, he was asked about the protection of free speech as a core value and the endeavour to combat misinformation.
Parag Agarwal said, “Our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation focus less on thinking about free speech but thinking about how the times have changed.”
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He was announced to be the CEO of Twitter in November 2021 by Jack Dorsey, who was the erstwhile CEO. Jack Dorsey has quoted that “Parag has been behind every critical decision that helped us this company turn around.
He’s curious, probing, rational, creative, demanding, self-aware, and humble. My trust in him as our CEO is bone-deep.”
After the announcement, Parag Agrawal faced criticism from conservatives for a 2010 tweet that read, “If they are not gonna make a distinction between Muslims and extremists, then why should I distinguish between white people and racists.”
Agrawal claimed to be quoting Aasif Mandvi during a story on The Daily Show. As the newly announced CEO, he wrote a letter to the employees. The letter stated ” I’ve walked in your shoes.
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I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes. But then and now, above all else, I see Twitter’s incredible impact, our continued progress, and the exciting opportunities ahead of us.
Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together”
Stock Holdings of
Family Of Former Twitter CEO Parag Agrawal
As CEO of Twitter, he would be compensated with $1 Million excluding bonuses. He also received restricted stock units worth $12.5 Million. This will be given in sixteen equal quarterly increments and the first will be credited in February 2022.
This would be in addition to performance-based restricted stock units, which shall be given in April 2022.
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Net Worth of
Family Of Former Twitter CEO Parag Agrawal
The newly announced CEO of Twitter had a net worth of $2 Million before becoming CEO of the microblogging website Twitter.
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Future Plans of Parag Agarwal
The key challenge Parag Agarwal would face is to lead Twitter in a time when it attracts ire from all quarters.
Liberals say it folds under pressure from authoritarian government, right-wing activists believe liberals get a free run while they are censored. “The world is watching us right now, even more than they have before.
Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters. Let’s show the world Twitter’s full potential,” Agrawal said.
What is Parag Agrawal Doing Right Now
Parag Agrawal, the former CEO of Twitter, is indeed venturing into the AI space with a new startup.
Parag Agrawal is currently a private citizen. He is no longer employed by Twitter after being fired by Elon Musk in October 2022. Since then, he has kept a low profile and has not made any public appearances or statements.
Agrawal is likely spending time with his family and friends, and he may also be exploring new career opportunities. He is a highly respected technologist with a deep understanding of social media, so he is sure to be in high demand. Here’s what we know so far:
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Current Status of Parag Agrawal
- Parag Agrawal startup is still in its initial phase and details are scarce.
- Agrawal reportedly secured an initial $30 million in funding from VC firms like Khosla Ventures, Index Ventures, and First Round Capital.
Where is Parag Agrawal working Right Now?
As of today, November 5, 2023, Parag Agrawal is not publicly employed.
He was the CEO of Twitter from November 2021 until October 2022, when he was fired by Elon Musk following Musk’s acquisition of the company. Since then, Agrawal has not announced any new employment plans.
Agrawal may be currently taking some time off to focus on personal matters or to explore new career opportunities. He is a highly respected technologist with a deep understanding of social media, so he is likely to be in high demand.
We will continue to monitor the situation and update you as soon as we have any new information.
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Former Twitter CEO Parag Agrawal: FAQ
Who Is Parag Agrawal?
Parag Agarwal is Indian – American technology executive. He is the newly crowned CEO of Twitter. He is the successor of Jack Dorsey, who announced Parag to be the new CEO on his last day. Parag Agarwal replaced Jack Dorsey with immediate effect.
Where was Parag Agarwal born?
Parag Agarwal was born in Ajmer, Rajasthan, India in 1984.
Who is Parag Agarwal’s wife?
Parag Agarwal married Vineeta Agarwal. She has a BS in Biophysics from Stanford University.
What is the Stock Holdings of Parag Agarwal?
As CEO of Twitter, he would be compensated with $1 Million excluding bonuses. He also received restricted stock units worth $12.5 Million.
What is the Net Worth of Parag Agarwal?
Parag Agarwal CEO of Twitter has a net worth of $2 Million before becoming CEO of the microblogging website Twitter.
What are the Future Plans of Parag Agarwal for Twitter?
“The world is watching us right now, even more than they have before.
Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters. Let’s show the world Twitter’s full potential,” Parag Agrawal said.
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