We are living in a world where job security seems like a far-fetched dream. With layoff news looming like a dark cloud, here¡¯s something that might leave you inspired.
Many Indians across the globe are taking charge as CEOs of some of the largest companies of the world. These CEOs often make headlines for their innovative business strategies and ambitious growth initiatives, commanding hefty salaries in the process.
One such Indian genius is Arvind Krishna, the CEO of International Business Machines (IBM) who makes Rs 45 lakh per day as per reports! Yes, you read that right.?
Arvind Krishna has been associated with IBM for 34 years, starting his journey with the company in 1990. Over the years, he held various roles within IBM before assuming the position of CEO in 2020.
He joined the ranks of other multinational corporation leaders such as Sundar Pichai, Satya Nadella, and Shantanu Narayen. His significant contributions to the company earned him the title of "Most Influential Executive" of the year in 2021 by CRN.
He was born in Andhra Pradesh to an Indian Army officer and grew up in a Telugu-speaking household. His mother was involved in the welfare of Army widows. He attended schools in Tamil Nadu and Dehradun before enrolling at IIT Kanpur for an engineering degree. Subsequently, he moved to the United States to pursue a PhD in electrical engineering, which led to a career-defining opportunity at IBM.
Presently, IBM is recognized as one of the world's largest companies, boasting a market capitalization exceeding Rs 14 Lakh Crore.
This exceptional technologist has propelled IBM to new heights by introducing artificial intelligence, cloud computing, quantum computing, and blockchain technology.
In 2023, IBM raised his annual package by Rs 30 crore, bringing it to Rs 154 crore, up from Rs 135 crore the previous year.
Apart from his remuneration, Krishna also owns over 22,717 shares of IBM worth Rs 317 crore.?
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