Palo Alto Network CEO Nikesh Arora rose to prominence in the tech industry while holding positions at Softbank and Google. At Google, he received a $51 million pay package; at Softbank, he broke the Japanese record with a $135 million first-year compensation package.
The Wall Street Journal published their list of the US CEOs who will earn the highest salary in 2023 on Tuesday. Nikesh Arora, the CEO of Palo Alto Network and an Indian, landed in second place on the list with a whopping $151.43 million in remuneration. Interestingly, Nikesh Arora made a lot more money than several well-known IT leaders, such Mark Zuckerberg, the CEO of Meta, who makes $24.40 million, and Sundar Pichai, the CEO of Google, who makes $8.8 million.
However, who is Nikesh Arora exactly? Here is all the information you require about the CEO of Palo Alto Network.
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Who is Nikesh Arora?
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.
Notably, Arora became the highest paid executive at Google in 2012 when the company hired him with a $51 million package. By the end of his time with the Silicon Valley-based company, Nikesh Arora had collected stock awards worth at least $200 million.
During his time at Softbank Group, Arora also set a new record in Japan with a mammoth first-year compensation package of $135 million. People at the company saw him as the successor to legendary investor Masayoshi Son, according to a Bloomberg report earlier this year.
Palo Alto Network has previously used the IT executive’s impressive performance to defend the CEO’s large compensation package. Palo Alto Network made the following statement about Arora’s compensation package last year: “The Board determined that a meaningful equity award would be necessary to ensure that such award retains and engages Mr. Arora because of this significant vested ownership and the amount that Mr. Arora was projected to vest in over the next several years.”
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