Twitter’s Parag Agrawal will replace founder and CEO Jack Dorsey (Jack Dorsey) and is now the youngest CEO in the S&P 500 Index. Zuckerberg).

However, Agrawal is 37 years old, the same age as Mark Zuckerberg. According to Bloomberg News, Twitter did not disclose Agrawal’s date of birth for security reasons, but stated that he was born in 1984, later than Zuckerberg’s birthday on May 14.

“I don’t think the age issue is a big deal, especially for companies like this. This may be an advantage,” Stanford University Business School professor David Laquer who studies CEO performance told Bloomberg. The 45-year-old Dorsey is already one of the dozen youngest CEOs of the largest companies in the United States.

“In fact, Dorsey is withdrawing from the board, so he will not be like the shadow CEO, he must have real confidence in him,” Lacker added.

According to data compiled by Bloomberg, Berkshire Hathaway CEO Warren Buffett, 91, is the oldest CEO in the S&P 500. The data shows that the average age of CEOs in the 500 largest companies is about 58 years old. Spencer Stuart, an executive recruiter measured by data from S&P 500 companies, has shown in the past 20 years that the age of CEOs is young but has grown steadily. The average age of the S&P 500 directors is 63 years old. Stuart.Parag Agrawal was a technologist at Twitter before being appointed as the CEO of the platform, and is now the latest Indian to lead the American tech giant.

Parag Agrawal received his computer science and engineering education at Mumbai Institute of Technology, India, and received his Ph.D. from Stanford University in California. He joined Twitter in 2011. He became its CTO in 2017. As the company’s technical director, he is responsible for overseeing machine learning and artificial intelligence, as well as the company’s broad technology strategy. Agrawal is also the person in charge of the company’s “Bluesky” promotion, which aims to create a more open and decentralized standard for social media.

“I know some of you know me well, some only know me a little bit, and some don’t know me at all,” Agrawal said in an email to a Twitter employee based in San Francisco.

News Source : Hindustan Times