Sometimes it pays to get fired. Twitter's top executives stand to make a total of $88 million between them if Elon Musk ousts them. Here's the payday for each executive.
after a tumultuous few months in which he offered to buy it for $44 billion, tried to back out of the deal, was sued by Twitter and ultimately agreed to buy it again. Now in charge, Musk is expected to reorganize the business and cut the workforce.
Getting fired by Musk will likely give the executives some of the largest payouts they've ever seen. Through"change in control" provisions in employment contracts for top leadership, they will receive a certain amount of severance and an automatic acceleration of their shares, so long as Musk fires them. The provisions are disclosed inAgrawal, who saw Musk turn on him months ago, is set to receive the largest payout of $38.