Meta needs an Indian CEO, perhaps Parag Agrawal is available, says Shark Tank India’s Anupam Mittal

Mittal didn’t stop here and even put forth former Twitter CEO Parag Agrawal’s name, who was recently fired by Elon Musk, the new owner of the microblogging site. “Meta (Facebook) share price over last 5 yrs. Appears they desperately need an Indian CEO. Perhaps @paraga is available Any other suggestions?” Mittal’s tweet on October 28 read.

Notably, Parag Agrawal was terminated as Twitter CEO after Musk acquired the company for $44 billion on Thursday. With this, the Indian-origin techie, who made headlines in November 2021 as he became the CEO of Twitter, made news again. The 38-year-old IIT Bombay and Stanford alumnus had a very short-lived (11-month) stint at the microblogging site.

Apparently, Mittal’s tweet suggesting that Agrawal is available was in line with the ever-increasing list of Indian-origin CEOs leading global companies.

Meanwhile, Meta stock was trading near $100 levels on Thursday, sinking to its lowest point since December 2016, as the company reported a 50 per cent decline in profits and revenue sliding by 4 per cent in its third quarter earnings released late Wednesday.