As Wall Street Journal reveals the top 10 highest earning CEOs’ list in the US, Nikesh Arora, an Indian-origin CEO in the US, seems to earn more than Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg.
Nikesh Arora, came second on the list with an impressive compensation of USD 151.43 million. Notably, Nikesh Arora’s compensation was much higher than many high-profile tech executives.
Reportedly, Nikesh Arora, CEO of Palo Alto Networks, a cybersecurity company, is the second highest paid CEO after Broadcom’s CEO Hock Tan. It looks like Arora’s compensation is USD 151.43 million compared to Zuckerberg who has USD 24.40 million and Pichai having USD 8.8 million.
Who is Nikesh Arora?
The Indian-origin CEO of Palo Alto Network, Nikesh Arora completed his primary education at the Air Force Public School in Delhi before going on to earn a Bachelor of Technology (B Tech) degree in Electrical Engineering from IIT-BHU. Even before his stint at Palo Alto Network, Arora had made a name for himself in the tech world through his work with major companies such as Google and Softbank.
Arora reportedly became the highest paid executive at Google in 2012 when the company hired him with a USD 51 million package. By the end of his tenure with the Silicon Valley-based company, Nikesh Arora managed to collect stock awards worth about USD 200 million.
Early achievements!
Arora also set a new record in Japan with a mammoth first-year compensation package of USD 135 million, during his time at Softbank Group. Bloomberg reports that his colleagues saw him as the successor to legendary investor Masayoshi Son.
Furthermore, last year “Because of this significant vested ownership and the amount that Mr Arora was projected to vest in over the next several years, the Board determined that a meaningful equity award would be necessary to ensure that such award retains and engages Mr Arora,” Palo Alto Network explained.
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