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Meet man, IIT alumnus, who gets higher salary than Mark Zuckerberg, Sundar Pichai, works in...
Nikesh Arora ranks as the second highest-earning CEO in the US with a compensation of USD 151.43 million, surpassing both Google’s Sundar Pichai and Meta’s Mark Zuckerberg.
Updated : Jul 28, 2024, 08:07 PM IST
 "Indian origin CEO who earns more than Google and Meta CEOs")
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The Wall Street Journal has revealed its list of the top 10 highest-earning CEOs in the US, and Nikesh Arora, an Indian-origin CEO, stands out by earning more than Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg. Arora, the CEO of Palo Alto Networks, a prominent cybersecurity company, ranks second on the list with a remarkable compensation of USD 151.43 million. His earnings significantly surpass those of many well-known tech executives.
Nikesh Arora's impressive compensation places him just behind Hock Tan, the CEO of Broadcom, who tops the list. In comparison, Zuckerberg earns USD 24.40 million, and Pichai makes USD 8.8 million, highlighting Arora's substantial lead in earnings.
Arora's journey to becoming a top-paid executive is notable. He completed his primary education at the Air Force Public School in Delhi and went on to earn a Bachelor of Technology (B Tech) degree in Electrical Engineering from IIT-BHU. Before his tenure at Palo Alto Networks, Arora had already established a strong reputation in the tech industry through his work with major companies like Google and SoftBank.
In 2012, Arora reportedly became the highest-paid executive at Google when he was hired with a USD 51 million package. By the end of his tenure with the Silicon Valley giant, he had accumulated stock awards worth approximately USD 200 million, showcasing his financial acumen and professional success.
Arora's early achievements are impressive. During his time at SoftBank Group, he set a new record in Japan with a massive first-year compensation package of USD 135 million. Bloomberg reports that his colleagues at SoftBank viewed him as the potential successor to the legendary investor Masayoshi Son, underlining his prominence in the business world.
Last year, Palo Alto Networks explained that "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." This statement reflects the company's commitment to retaining Arora through substantial equity awards, recognizing his valuable contributions and leadership.
Nikesh Arora's impressive earnings and career achievements highlight his significant impact on the tech industry and his role as one of the highest-paid CEOs in the US. His journey from an educational background in India to leading major tech companies on a global stage is a testament to his exceptional skills and dedication.
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