Parag Agrawal is an American-based Indian technology executive. He came into the limelight after being appointed Twitter's CEO in November 2021 to replace the organization's co-founder Jack Dorsey. The computer scientist started as a software engineer in 2011 and has been rising through the ranks. Please keep reading to know more about him.
PAY ATTENTION: Follow Briefly News on Twitter and never miss the hottest topics! Find us at @brieflyza!
Parag Agrawal's new position puts India on the world map again after producing several intellectuals who have changed global technology consumption. Microsoft's CEO Satya Nadella and Google-parent Alphabet's CEO Sundar Pichai are also Indian natives. Agrawal is also one of the youngest CEO's of a Fortune 500 company at 37. So why was Parag Agrawal the perfect replacement for Jack Dorsey?
Parag Agrawal's profiles and bio
- Full name: Parag Agrawal
- Date of birth: 21st May 1984
- Parag Agrawal's age: 37 years in 2021
- Birth sign: Gemini
- Place of birth: Ajmer, Rajasthan, India
- Current residence: San Francisco, California
- Nationality: Indian
- Parag Agrawal's religion: Hinduism
- Gender: Male
- Marital status: Married
- Parag Agrawal's wife: Vineeta Agarwal
- Children: A son
- Education: Indian Institute of Technology Bombay, Stanford University, Atomic Energy Central School
- Profession: Technology executive
- Known for: Being the CEO Twitter CEO since November 2021
- Parag Agrawal's Twitter: @paraga
- Instagram: @paraga
- LinkedIn: Parag Agrawal
PAY ATTENTION: Never miss breaking news – join Briefly News' Telegram channel!
Early life and family
How old is Parag Agrawal? The newly appointed Twitter CEO was born on 21st May 1984 in Ajmer, India and is 37 years old in 2021. Parag Agrawal's parents were also intellectuals. His dad worked at the Indian Department of Atomic Energy as a senior executive, while his mom was a school teacher.
Parag Agrawal's education and qualifications
The new Twitter CEO holds a B.Tech Degree in Computer Science and Engineering from the Indian Institute of Technology, Bombay. He later relocated to the United States, where he obtained a PhD in Computer Science from Stanford University in California.
Is Parag Agrawal married?
The Indian born computer scientist is a happily married man. His spouse is Vineeta Agrawal, a physician and adjunct clinical professor at Stanford Medicine. She is also a venture capital investor with Andreessen Horowitz.
Vineeta is also a learned Indian with an undergraduate degree from Stanford University, an MD from Harvard Medical School, and a PhD from Harvard University. Parag and his wife have a son together and currently live in San Francisco, California.
The Twitter co-founder and former CEO Jack Dorsey named Parag Agrawal as his successor after stepping down on Monday, 29th November 2021. In an internal memo shared on Twitter, Dorsey said Parag understands how the company runs and what needs to be done. The two have worked closely, and Agrawal was pivotal in Jack's Project Bluesky intended to make different social media platforms interact similarly to email.
According to his company profile, he was the first Distinguished Engineer after his exemplary performance across revenue and consumer engineering in 2016 and 2017. The Indian executive previously worked at Microsoft, AT&T Labs, and Yahoo!
Agrawal is tasked with ensuring Twitter's goals for its business model are realized. The micro-blogging company is working on new revenue streams to augment its ads business, as revealed by senior analyst Jasmine Engberg. He will also face increased scrutiny in terms of regulations revolving around false information and hate speech.
Since 2011, the Indian-born computer engineer has been employed by the social media platform. In 2017, he was appointed to chief technology officer (CTO) from his position as a software developer. He served as the microblogging company's CTO until late November 2021, when he was promoted to Chief Executive Officer.
Parag Agrawal's net worth
What is the salary of Parag Agrawal? The 37-year-old engineer will take home a yearly salary of $1 million, as revealed in Twitter's documents filed with SEC. In addition, he will receive an annual performance bonus worth 150% of the salary, a stock bonus of $12.5 million in 16 equal quarterly increments starting 1st February 2022.
Parag Agrawal's salary is much higher than his predecessor, Jack, who preferred low pay to show Twitter's commitment to its long-term potential to create value. Parag's net worth is estimated at $49.3 million, according to PeopleAi.
Parag Agrawal is now a household name, not only in India but the entire world, as he takes on the reigns of one of the world's most used social media platforms. With his impeccable experience and qualification, Twitter is certainly in the right hands.
Her husband passed away in late November 2021 from cancer. He was an award-winning fashion designer and worked as Louis Vuitton's menswear artistic director. Virgil was also the founder and CEO of the Off-White fashion label.
Source: Briefly News