Indian-Origin Nikesh Arora Beats Mark Zuckerberg, Sundar Pichai To Become World's Second-Highest Paid CEO

Indian/Indian-origin CEOs are making significant strides in the global business landscape. Figures like Satya Nadella and Sundar Pichai exemplify this trend, showcasing unparalleled skills and talents while proudly representing their roots.?

Recently, the list of highest paid CEOs in the US in 2023 was released by the Wall Street Journal. Interestingly, Nikesh Arora featured second on the list with a significant remuneration of $151.43 million (Rs 1,260 crore approx).

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CEO of Palo Alto Network, Nikesh Arora features way higher on the list beating the likes of high-profile tech titans like Meta CEO Mark Zuckerberg(Rs 203 crore) and Google Chief Sundar Pichai (Rs 73 crore approx).

Who Is Nikesh Arora?

Hailing from Delhi, Arora graduated from IIT-BHU with a B-tech degree in Electrical Engineering. Before his stint at Palo Alto Network, he made a place for himself in big companies like Google and Softbank.?

Remarkably, in 2012, Arora assumed the position of the highest-paid executive at Google after being recruited with a $51 million(Rs 424 crore) compensation package. Throughout his tenure with the Silicon Valley giant, Nikesh Arora amassed stock awards valued at a minimum of $200 million(Rs 1,665 crore).

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Palo Alto Networks has defended its CEO's substantial compensation by citing the executive's impressive performance. Regarding Arora's pay, the company stated last year: "Given Mr. Arora's substantial vested ownership and anticipated future vesting over the coming years, the Board concluded that a substantial equity grant was essential to maintain Mr. Arora's commitment and involvement."

Other Indians On The List

The report also featured Arvind Krishna (IBM), Badrinarayanan Kothandaraman (Enphase Energy), Sanjiv Lamba (Linde), among other Indian-descent leaders.

Top 10 On The List?

1. Hock Tan of Broadcom? - $161.83

2. Nikesh Arora of Palo Alto Networks - $151.43

3. Stephen Schwarzman of Blackstone - $119.78

4. Christopher Winfrey of Charter Communications - $89.08

5. Will Lansing of Fair Isaac - $66.35

6. Tim Cook of Apple - $63.21

7. Hamid Moghadam of Prologis -? $50.8

8. Theodore Sarandos of Netflix? - $49.83

9. David Zaslav of Warner Bros. Discovery - $49.70

10. Glenn Fogel of Booking Holdings - $46.72