The directors are currently weighing a $54.20 per share takeover offer by the world’s richest man.
Here are the members of the Board of Directors for Twitter:
Parag Agrawal: The current CEO of Twitter joined the company in 2011 and was the Chief Technology Officer prior to being named the CEO to replace co-founder Jack Dorsey who stepped down in November 2021.
Related Link: 5 Things You Might Not Know About New Twitter CEO Parag Agrawal
Related Link: 5 Fun Facts You Might Not Know About Jack Dorsey
Martha Lane Fox: The founder and Chair of private karaoke company Lucky Voice Group, Lane Fox has been a Board member for Twitter since April 2016. Lane Fox is also a member of the Joint Committee for National Security Strategy and is a crossbench peer in the United Kingdom House of Lords.
Dr. Fei-Fei Li: A professor at Stanford University, Fei-Fei Li is a member of the National Academy of Engineering. Li previously served as the Chief Scientist of AI/ML at Google Cloud.
Patrick Pichette: The former Chief Financial Officer of Google, Pichette has served on the Twitter Board since December 2017. Pichette is a general partner at Inovia Capital, a venture capital firm in Canada.
Why It’s Important: The Board of Directors serves the company’s best interests and helps lead the company’s direction. It was pointed out by Unusual Whales on Twitter that the Board of Directors collectively owns 2.37% of Twitter, including a 2.2% stake by Dorsey.
Musk owns 9.1% of the company and has offered to buy Twitter for $54.20 per share. While the Board hasn’t flat out rejected the offer, they did enact a poison pill, which was seen as an act of retaliation against Musk to make sure he doesn’t perform a hostile takeover.
Dorsey spoke out publicly about the Twitter Board of Directors being the dysfunction of the company.
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