Twitter to pay Kordestani annual base salary of $50,000, Twitter Inc said it would pay new Executive Chairman Omid Kordestani an anniversary abject bacon of $50,000 and a ancient admission of options to buy 800,000 shares of the microblogging website operator.
The aggregation said it does not apprehend Kordestani to be appointed to any lath of the board.
(1.usa.gov/1LxpYU6)
Twitter poached Kordestani from Google Inc on Wednesday, the latest footfall in the company's turnaround efforts beneath Jack Dorsey, who endure anniversary was called abiding CEO.
Kordestani's arrangement was a move by Twitter to abate apropos about Dorsey's bifold role as arch of adaptable payments aggregation Square Inc.
On Wednesday, Square filed for its long-expected antecedent accessible offering.
Kordestani, 51, abutting Google as its 11th agent in 1999 and backward for 10 years. After a few years away, he alternate full-time in October 2014 as arch business officer.
At Google, Kordestani had an anniversary abject bacon of $237,500 and banal awards of about $123 million, according to the latest Google proxy filing.
The aggregation said it does not apprehend Kordestani to be appointed to any lath of the board.
(1.usa.gov/1LxpYU6)
Twitter poached Kordestani from Google Inc on Wednesday, the latest footfall in the company's turnaround efforts beneath Jack Dorsey, who endure anniversary was called abiding CEO.
Kordestani's arrangement was a move by Twitter to abate apropos about Dorsey's bifold role as arch of adaptable payments aggregation Square Inc.
On Wednesday, Square filed for its long-expected antecedent accessible offering.
Kordestani, 51, abutting Google as its 11th agent in 1999 and backward for 10 years. After a few years away, he alternate full-time in October 2014 as arch business officer.
At Google, Kordestani had an anniversary abject bacon of $237,500 and banal awards of about $123 million, according to the latest Google proxy filing.
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