Did Elon Musk Fire Ned Segal? Elon Musk Takes Over Twitter

News revealing that Elon Musk has fired Ned Segal the chief financial officer of Twitter is trending right now, Did Elon Musk really fire Ned Segal the CFO of Twitter? We have broken down everything about the matter. Keep reading!

After Elon Musk shared the rendition of the ‘Let that sink in’ meme from his official Twitter account, he once again attracted all attention to his Twitter deal.

The Tesla owner earlier was seen entering the Twitter headquarters holding a sink. He shared the funny clip from his official Twitter account with the caption, “Entering Twitter HQ – Let that sink in”. In the comment section of this Tweet, he further wrote, “Meeting a lot of cool people at Twitter today!”

Though the Tweet is getting popular across all social media platforms, the news that we are receiving from Twitter headquarters is not funny at all.

As per the reports shared by The Wall Street Journal, Elon Musk has fired some of the top executives of the company, among them is Ned Segal, the Chief Financial Officer of Twitter.

So, did Elon Musk really fire the top executives including Ned Segal? We have gathered all the details here in this article. Keep reading!

Elon Musk Has Fired Top Executives

Image Of Elon Musk Has Fired Top Executives

According to multiple reports, Ned Segal the CFO of Twitter has reportedly left the company after Tesla’s owner has taken over the company.

As per CNBC’s report, Ned Segal who served Twitter as CFO for more than 5 years has been fired. Segal left the company’s headquarters on Thursday evening.

Some reports have also claimed that some other executives are also being fired, among them are CEO Parag Agrawal and head of legal policy Vijaya Gadde.

Signaling at successfully taking over the platform, Musk Tweeted, “The bird is freed”. The Tweets also seem to have been made signaling at the logo of the app.

Revealing the news a Twitter handle wrote, “Elon Musk will be fully in charge at Twitter as CEO Parag Agrawal and CFO Ned Segal are reportedly leaving the company.”

The Tweet also added the image of another Tweet made by ‘David Faber’. David’s Tweet read, “Elon Musk is now in charge at Twitter. I’m told former CEO Parag and CFO Ned Segal have left the company’s headquarters and will not be returning as the Musk era begins.”

Following all these Tweets, it seems like Elon Musk really has fired Twitter’s top executives including the CEO, CFO, and the head of legal policy.

Elon Musk Has Reportedly Fired Ned Segal And Other Senior Executives

Image Of Elon Musk Has Reportedly Fired Ned Segal And Other Senior Executives

Ned Segal has served Twitter for more than five years. He joined the company n August 2017. Earlier, he served as senior vice president of finance at Intuit (2015-2017). Before that, he worked as CFO of RPX Corporation from 2013 to 2015. The first company that he joined at the start of his career was, Goldman Sachs. He joined the company in 1996 and served as head of global software banking.

Currently, he has a net worth of $54.9 million. He is also a director and member of a Los Angeles–based company Beyond Meat. Founded in 2009 by Ethan Brown, the company produces plant-based meat products.

Elon Musk’s Twitter deal started to make headlines on April 14, 2022, when Tesla’s owner announced he is eyeing taking over Twitter for a $43.4 billion deal. As part of the deal, he offered Twitter to pay $54.20 in cash for every share he doesn’t own.

Revealing the deal he wrote in a filing, “I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced”.

He further added, “My offer is my best and final offer and also if it is not accepted, I would need to reconsider my position as a shareholder.”

Now, reports claim that Elon Musk has finally completed the $44 billion deal and has acquired the giant social media platform.

You may also want to read about Let That Sink In Meme Of Elon Musk

The Bottom Line

This was all from ‘Did Elon Musk Fire Ned Segal’ and other top executives of Twitter. What changes are you expecting Elon to make on Twitter now? Let us know your thoughts in the comment box below.

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