Twitter’s new executive chairman of the board, Omid Kordestani, will make a salary of $50,000 a year, according to an SEC filing Friday. He will also receive a one-time “grant of options” to buy 800,000 shares of Twitter’s common stock and a one-time stock award of performance-based restricted stock units amounting to 400,000 shares of common stock. The performance-based shares are eligible to vest every year for four years starting in 2016, depending on company performance. Kordestani was formerly the chief business officer at Google Inc. and was appointed chairman of the board Tuesday.
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