Tuesday, April 26, 2022

Twitter’s board of directors and its top shareholders

Twitter on Monday signed a deal with the Tesla CEO to sell the company for $44 billion.

Once the transaction is complete, the social media giant will become a privately held company and its shareholders will receive $54.2 in cash for each share of common stock they own.

twitter board of directors

Twitter board of memes includes Jack Dorsey, cofounder, Twitter; CEO and co-founder, Square owns 2.253 in Twitter; Brett Taylor, Independent Board Chairman; co-CEO, Salesforce owns 0.007% in the company; Twitter CEO Parag Agarwal holds 0.063% stake in the company. Other board members are Mimi Alemayehou, senior vice president of public-private partnerships at Mastercard, Egon Durban, co-CEO of Silver Lake, Martha Lane Fox. Founder and President, Lucky Voice Group; Omid Kordestani, former Executive Chairman, Twitter; Dr. Fei-Fei Lee, Professor at Stanford, Patrick Pichette, General Partner, Innovia Capital; David Rosenblatt, CEO, 1stdibs.com, Inc.; Robert Zolic, former Chairman of the Board of Directors of AllianceBernstein Holding LP

Twitter’s top 5 shareholders

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Institutional investors topped Twitter’s shareholding list even before Musk announced that he had amassed a 9% stake in the social media company.

The Tesla CEO’s share purchase made him Twitter’s largest shareholder for a while, until mutual fund giant The Vanguard Group made public in a filing with the SEC that its fund held 82.4 million shares, The San Francisco-headquartered social media major accounts for 10.3%.

Other top shareholders include Morgan Stanley (8.4%), BlackRock Inc (6.5) and State Street Corp, which hold a 4.5% stake in the company.

Twitter's Top 5 Shareholders_GRAPHIC_ETTECH
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Originally published at Pen 18

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