Parag Agrawal’s Education and Success Story- From an IITian to Twitter’s CEO

Parag Agrawal, a 37-year-old Indian-American has become the talk of the town ever since the popular microblogging platform Twitter appointed him as the Chief Executive Officer. Parag Agrawal’s name has been added to the list of people of Indian origin who have achieved remarkable success in a short span of time. Right from his childhood to his college and education, Parag Agrawal’s life story is the hot topic for millions! His journey from a quaint town in Rajasthan to becoming the head of a one-billion-dollar company is truly awe-inspiring and life-changing. At age 37, Parag Agrawal is the youngest CEO of any S&P 500 firm. 

About Parag Agarwal

Indian-origin Parag Agarwal has been named the next CEO of Twitter, one of the world’s most popular social media platforms. On November 29, 2021, Twitter co-founder Jack Dorsey resigned as CEO and announced the hiring of Parag Agarwal as the new CEO of Twitter. Parag Agarwal began working at Twitter in 2011 after working as a student for firms such as Microsoft, AT&T, and Yahoo. Initially, Parag Agarwal focused on advertising-related goods. He afterwards moved on to Artificial Intelligence. Parag Agarwal was named CTO of Twitter on March 8, 2018.

His first project as CTO was to employ artificial intelligence to increase the relevance of tweets in the Twitter timeline.Only 10 years after joining the firm, Parag Agarwal has been chosen the new CEO of Twitter.. He graduated from Atomic Energy Central School with a bachelor’s degree. After that, he went to IIT Bombay to study engineering. He then went on to Stanford University to pursue his PhD. Parag Agarwal worked as an intern at Microsoft, Yahoo, and AT&T Labs while at Stanford.

Parag Agarwal Biography

Parag Agarwal was born in the Mumbai suburb of Kharghar in the year 1984. He then went on to IIT Bombay to finish his graduation. He completed his Ph.D. in Computer Science at Stanford University. Pawan Agrawal joined Twitter as a prominent software engineer in October 2011. Agarwal had held executive positions at Microsoft Research and Yahoo! Research before joining Twitter.Agarwal is presently based in San Francisco, California, United States of America. Vinita Agarwal was his bridesmaid. Anamika, their lovely daughter, was born to them.

Personal Life Information

Parag Agarwal’s Education

Parag Agarwal hails from India and did his schooling and graduated in Maharashtra. The new Twitter CEO studied at Atomic Energy Central School and later moved to the Indian Institute of Technology, Bombay which as the country’s premier tech college has spawned generations of prominent politicians and corporate leaders, including Pichai and Krishna. For his further education, Parag Agarwal went to Stanford University to pursue Ph.D. in Computer Science in the year 2005. While pursuing a Ph.D., he joined Microsoft, Yahoo, and AT&T Labs for research positions. He secured a foothold in Silicon Valley after moving onto Stanford University for his doctorate in computer science.

Fun Fact: At the 2001 International Physics Olympiad in Turkey, Agrawal received a gold medal.

Early Life and Career of Parag Agarwal

Parag Agrawal was born in Ajmer, Rajasthan in the year 1976. Later, he along with his family moved to Mumbai. His father was a senior official in the Indian Department of Atomic Energy and his mother is a retired Economics professor from VJTI, Mumbai. Agrawal is married to Vineeta Agrawal who is a general partner at Andreessen Horowitz, a venture capital firm. They have a daughter named Anamika.

Parag Agrawal graduated with honors from the Atomic Energy Central School (AECS). He then subsequently went on to pursue his bachelor’s degree in engineering at the India Institute of Technology (IIT). Recently IIT Bombay also recognized and valued its alumni for their contributions to the world of technology. He moved on to Stanford University to earn his Ph.D. degree after graduating from college. While at Stanford, Parag Agarwal interned at various technology giants like Microsoft, Yahoo, and AT&T Labs and gained good hands-on industry experience.

Fun Fact: Parag Agrawal is an India-born technology executive and he has an American nationality!

Beginnings at Twitter

Parag Agrawal began working at Twitter in 2011 after working as a student for firms such as Microsoft, AT&T, and Yahoo. Initially, Parag Agarwal focused on advertising-related goods. He afterward moved on to Artificial Intelligence. On March 8th, 2018, Twitter named Parag Agarwal as Chief Technology Officer (CTO). His early work as CTO focused on using artificial intelligence to improve the relevancy of tweets in the Twitter timeline. Parag Agarwal has been named the next CEO of Twitter, just ten years after joining the company.

Fun Fact: Parag is an adventurer who loves to go skiing and hiking. Along with that, he is fond of trying new dishes and eating a variety of food.

The Success Story of Parag Aggarwal

In an email to Twitter employees, Agrawal stated that the firm had less than 1,000 employees when he started. He wrote, “I’ve walked in your shoes, I’ve seen the ups and downs, difficulties and barriers, successes and blunders.”

As Twitter tried to shake off a reputation for being sluggish to develop, Agrawal is focused on machine learning and other technological breakthroughs that allowed it to bring out new features and products more swiftly. The board of Twitter, according to sources, had been seeking a full-time CEO for the social media business for the past year.

Fun Fact: Bollywood’s famous singer Shreya Ghoshal is reportedly known to be Parag’s classmate.

Jack Dorsey co-founded Twitter in 2006 and served as its CEO until 2008 when he was fired. After former CEO Dick Costolo left in 2015, he returned to the firm as an executive. Parag published a statement expressing his thanks, writing, “Thank you very much, Jack. I’m both honored and humbled by this. And I appreciate your continuous mentoring and friendship “. Agrawal reflected on his experience at the firm, saying, “Right now, the world is watching us much more than before. Let’s demonstrate Twitter’s full potential to the rest of the world “. 

Fun Fact: He is a machine learning expert who has played a key role in Twitter’s adoption of the technology.

At a time when Twitter is actively seeking new ways to expand its user base, Parag Agarwal’s appointment comes at an opportune moment. By the end of 2023, the company expects to have 315 million DAUs (Daily Active Users) and expect to have more than doubled its annual revenue. He took over as CEO at a time when investors have criticized the corporation for failing to create a new monetizable product in years, prompting the announcement of the 2023 plan. Agrawal has kept a quiet profile thus far, concentrating his knowledge in product development and market research. Before becoming CTO, he was recognized as Twitter’s first notable engineer for his contributions to audience growth and revenue. 

Fun Fact: Parag is an avid cricket lover and loves to watch cricket matches in the stadium.

Research & Experience of Parag Agarwal

After finishing his education, Parag worked for a number of large corporations, including Microsoft, Yahoo, and Twitter.

Parag Agrawal Net Worth 

Parag Agarwal has a net worth of more than $ 1.52 million, according to a website. It’ll probably cost more than Rs 11 crore. On the other side, no information on Parag Agarwal’s pay has been released yet.

Conclusion

On November 29th, 2021, a computer engineer named Parag Agrawal to the job of CEO of Twitter. Agrawal will have a net worth of $1.5 million in 2021. He will be paid a $1 million yearly salary plus incentives, as well as $12.5 million in restricted stock units and performance-based stock units.

Working in various jobs at Twitter as well as other prominent companies such as Yahoo and Microsoft are the primary sources of income. He’s also worked in many businesses’ research divisions. As the new CEO of Twitter, Jack Dorsey takes over immediately. Prior to becoming CEO, he received a salary of around $250,000.

FAQs

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