Parag Agrawal appointed as the youngest CEO of Twitter
Parag Agrawal was a technological expert at Twitter before being named CEO, and he is the latest Indian-origin individual to run a US internet behemoth.
Twitter’s Parag Agrawal, who will succeed founder and CEO Jack Dorsey, has surpassed Meta Platform Inc.’s Mark Zuckerberg as the youngest CEO in the S&P 500. Agrawal, on the other hand, is 37 years old, the same age as Mark Zuckerberg. According to Bloomberg, Twitter has not revealed Agrawal’s date of birth due to security concerns, but he was born later in 1984 than Zuckerberg’s May 14 birthday. “I don’t think age is such a significant concern, especially at a company like this.” Bloomberg quoted David Larcker, a professor at Stanford Graduate School of Business who analyses CEO performance, as saying, “It could be an advantage.”
Dorsey was one of the twelve youngest CEOs in the collection of the major US corporations at the age of 45. According to Larcker, “The fact that Dorsey is stepping down from the board, so he’s not going to be like a shadow CEO, he must have real confidence in him”.Warren Buffett, the CEO of Berkshire Hathaway Inc, is the oldest CEO in the S&P 500, according to Bloomberg data. According to the research, the average age of a CEO among the 500 largest corporations was around 58 years. Executive recruiter Spencer Stuart’s data on S&P 500 firms over the last two decades reveals a tiny but continuous increase in the age of the CEO. According to Stuart, the average age of an S&P 500 director is 63.
Parag Agrawal was a technological expert at Twitter before being named CEO, and he is the latest Indian-origin individual to run a US internet behemoth. In 2011, Parag Agrawal, a computer science and engineering graduate of the Indian Institute of Technology Bombay and a Stanford University Ph.D., joined Twitter by 2017, he had risen to the position of Chief Technology Officer.
He managed machine learning and artificial intelligence, as well as the company’s overall technological strategy, as the firm’s chief of technology. Agrawal was also in charge of the company’s “Bluesky” initiative, which aimed to develop a more open and decentralised social media standard. In an email to Twitter staff in San Francisco, Agrawal stated “I recognize that some of you know me well, some just a little, and some not at all,”
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