Elon Musk is expected to take over as owner of Twitter in several months. Because it is a public company, there will need to be a shareholder vote and SEC filings. For these reasons alone, the process will drag on, perhaps toward the end of summer.
Musk will not need or want several of the people at Twitter. This includes, at the very least, the board and chief executive officer. They may get very good exit packages, which will help some with the pain of being fired.
Musk’s most important target will be CEO Parag Agrawal. He has held his job for less than a year. There is no sign he has, or can, improve Twitter’s financial performance. He joined Twitter in 2011 and was chief technology officer before his promotion.
Bret Taylor, the co-CEO of Salesforce, is Twitter’s independent board chair. He joined the board in 2016 and so has to take a great deal of responsibility for Twitter’s failure.
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