Twitter's new CEO will receive a major payday in addition to his promotion. Parag Agrawal, who served as the social network's chief technology officer until Jack Dorsey announced his surprise departure on Monday, will receive an annual salary of $1 million, according to documents the company filed with the Securities and Exchange Commission. Agrawal, 37, will also be eligible for an annual performance bonus worth as much as 150% of his salary, meaning he could take home up to another $2.5 million per year.