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MICROSOFT CORPORATION

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Who is Twitter's new CEO Parag Agrawal?

11/29/2021 | 01:15pm EST
FILE PHOTO: A Twitter logo is seen outside the company headquarters in San Francisco

Nov 30 (Reuters) - Twitter Inc on Monday appointed technology chief Parag Agrawal as its chief executive officer, replacing Jack Dorsey.

The social media networking platform joins tech giants Apple, Amazon and Alphabet in tapping a company insider for the top job.

Here are some facts about Agrawal:

DECADE WITH TWITTER

Agrawal joined Twitter more than a decade ago as a software engineer and was appointed chief technology officer in October 2017.

He oversaw Twitter's technical strategy and was responsible for improving the pace of software development while advancing the use of machine learning across the company.

At 37, Agrawal is the youngest CEO of an S&P 500 company.

LATEST INDIAN-ORIGIN CEO

Agrawal is the latest CEO of Indian origin, joining a list that includes Alphabet Inc's Sundar Pichai, Microsoft Corp's Satya Nadella and IBM Corp's Arvind Krishna.

STANFORD GRADUATE

Agrawal has a doctorate in philosophy in computer science from Stanford University https://bit.ly/3liOKiT and a bachelor's degree in computer science and engineering from the Indian Institute of Technology, Bombay (IIT-B).

Both Pichai and Krishna also hold bachelor's degrees from IITs.

PROJECT BLUESKY

Since December 2019, Agrawal has also been working on Project Bluesky, an independent team of open-source architects, engineers and designers to combat abusive and misleading information on Twitter.

Bluesky is seeking to introduce a new decentralized technology, the idea being that Twitter and others will become clients of Bluesky and rebuild their platforms on top of the standard, Dorsey has said previously.

FREE SPEECH

Responding to a question on protecting free speech and fighting misinformation in an interview https://bit.ly/3o7JGiV with the MIT Technology Review in 2020, Agrawal said "our (Twitter's) role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation and our moves are reflective of things that we believe lead to a healthier public conversation."

EX-MICROSOFT, YAHOO EMPLOYEE

Before joining Twitter, Agrawal worked at Microsoft Corp , Yahoo and AT&T Labs Inc in their research units, according to his LinkedIn profile https://bit.ly/3lj2tGc.

(Reporting by Eva Mathews and Akash Sriram in Bengaluru)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.81% 2584.66 Delayed Quote.-10.78%
MICROSOFT CORPORATION 2.85% 296.71 Delayed Quote.-11.78%
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Financials (USD)
Sales 2022 198 B - -
Net income 2022 71 772 M - -
Net cash 2022 81 405 M - -
P/E ratio 2022 31,0x
Yield 2022 0,83%
Capitalization 2 224 B 2 224 B -
EV / Sales 2022 10,8x
EV / Sales 2023 9,40x
Nbr of Employees 181 000
Free-Float 99,9%
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Number of Analysts 46
Last Close Price 296,71 $
Average target price 373,64 $
Spread / Average Target 25,9%
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Managers and Directors
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Matthias Troyer Partner Research Manager
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