This past Tuesday, the Indian Institute of Technology Bombay celebrated one of its former students, Parag Agrawal, on his promotion to CEO of Twitter, the world’s most popular microblogging site.
This past Tuesday, the Indian Institute of Technology Bombay celebrated one of its former students, Parag Agrawal, on his promotion to CEO of Twitter, the world’s most popular microblogging site. Our alumni Dr. Parag Agrawal has been named the new CEO of Twitter. We congratulate him.” In 2005, Dr. Agrawal graduated from IIT Bombay with a B.Tech. in Computer Science and Engineering.
The institution stated that he joined Twitter in 2011 and was promoted to CTO in 2017. Parag’s mother is a retired elementary school teacher from Mumbai. Throughout his life, his father worked in the atomic energy industry and held high-level positions. In Mumbai, Parag (37) attended the Atomic Energy Central School, where he received his bachelor’s degree. In 2005, he made the move to the United States. He joined Twitter in 2011 when he was still a Ph.D. student at Stanford.
It was revealed on Monday that Agrawal will succeed Dorsey as CEO of Twitter after he stepped down after 16 years as co-founder and CEO of the firm.
Parag Agrawal, a low-profile engineer, has been chosen to manage Twitter Inc., a company that has underperformed the market, launched new products sluggishly and has failed to censor dangerous material under a boss who has been widely criticized for his split focus.
On Monday, Agrawal, 37, was announced as Twitter’s new CEO, succeeding co-founder Jack Dorsey, who had served as CTO for the last four years. Dorsey, 45, will continue to serve on the board and lead Square Inc., the payments business he also co-founded, during the summer.
At Twitter, Agrawal is a relative unknown, whereas Dorsey is a wealthy star with renowned connections and millions of followers on the contentious platform. Personal passions like music and Bitcoin found their way into the product roadmap at Twitter under Dorsey’s leadership, but he has yet to revolutionize the firm since taking over as CEO in 2015.
Social media platform Twitter has been mired in controversy when it banned former President Trump from using its service, as well as a feud with India’s governing party. Additionally, he must pursue ambitious targets for user growth, double revenue, and speeding up product implementation to achieve these objectives.
In other words, “What will be his North Star, the thing on which he’s going to wager the farm, if not his career?” according to Sanford C. Bernstein stock research analyst Mark Shmulik. “And how well will he be able to deliver in the face of that?”
Data provided by Bloomberg shows that Agrawal is the youngest CEO in the S&P 500. After graduating from the Indian Institute of Technology Bombay and Stanford University, Agrawal moved to Twitter to pursue his Ph.D. in computer science. According to his LinkedIn page, he has worked as a researcher for Microsoft Corp., Yahoo! Inc., and AT&T Corp. In 2011, he became an engineer at Twitter, which had less than 1,000 workers at the time. Twitter claimed he was the company’s first-ever distinguished engineer for his efforts in helping to expand the company’s viewership and income. According to Twitter’s website, he oversaw the company’s technological strategy, which included managing machine learning breakthroughs.