Parag Agrawal, the CEO of Twitter, is the youngest CEO in the S&P 500
Parag Agrawal was a technological expert at Twitter before being named CEO
Twitter's Parag Agrawal, who will succeed founder and CEO Jack Dorsey, has surpassed Meta Platform Inc.'s Mark Zuckerberg as the youngest CEO in the S&P 500.
Agrawal, on the other hand, is 37 years old, the same age as Mark Zuckerberg. According to Bloomberg, Twitter has not revealed Agrawal's date of birth due to security concerns, but he was born later in 1984 than Zuckerberg's May 14 birthday.
"I don't think the age thing is that big of a deal, especially for companies like this. It could be an advantage," David Larcker, a professor at the Stanford Graduate School of Business, who studies CEO performance, told Bloomberg.
Dorsey was one of the twelve youngest CEOs in the collection of the major US corporations at the age of 45.
"The fact that Dorsey is stepping down from the board, so he's not going to be like a shadow CEO, he must have real confidence in him," Larcker also said.
Warren Buffett, the CEO of Berkshire Hathaway Inc, is the oldest CEO in the S&P 500, according to Bloomberg data. According to the research, the average age of a CEO among the 500 largest corporations was around 58 years.
Parag Agrawal was a technological expert at Twitter before being named CEO, and he is the latest Indian-origin individual to run a US internet behemoth.
In 2011, Parag Agrawal, a computer science and engineering graduate of the Indian Institute of Technology Bombay and a Stanford University PhD, joined Twitter. By 2017, he had risen to the position of Chief Technology Officer.
He managed machine learning and artificial intelligence, as well as the company's overall technological strategy, as the firm's chief of technology. Agrawal was also in charge of the company's "Bluesky" initiative, which aimed to develop a more open and decentralised social media standard.
"I recognize that some of you know me well, some just a little, and some not at all," Agrawal said in an email to employees at San Francisco-based Twitter.
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