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Indian-origin Nikesh Arora is second highest-paid CEO in US
The CEO of Palo Alto Networks, he is ranked second in The Wall Street Journal's 2023 list of highest-paid US chief executives.
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Nikesh Arora at his alma mater, IIT Varanasi, in 2022. / X/@nikesharora
Nikesh Arora, the India-born CEO of Palo Alto Networks, has been ranked second by The Wall Street Journal in its list of highest-paid US chief executives for 2023.
A total of 17 such executives of Indian descent have been named in the top 500 of the rankings published on May.21.
Having studied at the Air Force School Public in Delhi during his early years, Arora later drew international attention when he became the chief business officer at Google. He left Google in 2014 to head SoftBank in a compensation package that was then said to be a record for the country of Japan.
Since 2018, Arora has been heading cybersecurity company Palo Alto Networks. Arora's total compensation at Palo Alto reportedly reached $151.43 million, primarily through earnings from stock options.
Other notable Indian-origin people in the list include Adobe's Shantanu Narayen (11th, $44.93 million), Sanjay Malhotra of Micron Technology (63rd, $25.28 million), Ansys' Ajei Gopal (66th), Reshma Kewalramani (118th), IBM's Arvind Krishna (123rd), Badrinarayn Kothandaraman of Enphase Energy (135th), Sanjiv Lamba (143rd), Surendralal Karsanbhai (158th), Anirudh Devgun (172nd), Shankha Mitra (174th), Sumit Roy of Realty Income (268th), Satish Dhanasekaran (319th), Prahlad Singh (357th), Sundar Pichai of Alphabet (364th, $8.80 million), Udit Batra (367th), and Sundarrajan Nagarajan (389th).
Born and raised in Hyderabad, Narayen has been the CEO of Adobe since 2007 after first joining the firm in 1998.
The overall WSJ list was topped by Broadcom's Hock Tan with earnings of $162 million. Prominent tech leaders such as Elon Musk of Tesla and Sundar Pichai opted for non-traditional compensation structures in 2023.
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