May 22, 2024
1 min read

India-Born CEO Among Top Paid in America

A total of 17 Indian-descent CEOs are in the top 500 rankings…reports Asian Lite News

Nikesh Arora, the India-born CEO of Palo Alto Networks, has been ranked America’s second-highest paid CEO in 2023.

A total of 17 Indian-descent CEOs are in the top 500 rankings, according to an analysis published by The Wall Street Journal on Tuesday.

Shantanu Narayen of Adobe is the second-highest paid Indian-descent CEO, ranked 11 overall. Arora and Narayen earned $151.43 million and $44.93 million, respectively, more than Tesla’s Elon Musk, who did not receive any compensation in 2023, according to the report.

Meta’s Mark Zuckerberg earned $24.40 million, while Alphabet’s India-born head Sundar Pichai earned $8.80 million during the period under review.

A product of Delhi’s Air Force Public School, Arora first drew international attention as the chief business officer at Google, which he left in 2014 to head SoftBank with a reported compensation that was said to be a record for Japan.

Arora has been heading Palo Alto Networks, a cybersecurity company, since 2018. His compensation at Palo Alto Networks consists mostly of equity awards that include shares granted over three years.

Narayen, who was born and raised in Hyderabad, has been the CEO of Adobe since 2007 after joining the company in 1998.

Hock Tan of Broadcom topped the list with an earning of $162 million.

Ranked third, fourth, and fifth among Indian Americans were Sanjay Malhotra of Micron Technology (63rd, $25.28 million), Ajei Gopal of Ansys (66th, $24.63 million), and Reshma Kewalramani of Vertex Pharmaceuticals (118th, $20.59 million).

Others included Arvind Krishna of IBM (123rd, $20.40 million), Badrinarayn Kothandaraman of Enphase Energy (135th, $19.53 million), Sanjiv Lamba of Linde (143rd, $19.20 million), Surendralal Karsanbhai of Emerson electric (158th, $18.32 million), Anirudh Devgun of Cadence Design Systems (172nd, $17.34 million), Shankha Mitra of Wellflower (174th, $17.20 million), Sumit Roy of Realty Income (268th, $13.13 million), Satish Dhanasekaran of Keysight Technologies (319th, $10.75 million), Prahlad Singh of Rewity (357th, $9.13 million), Sundar Pichai of Alphabet (364th, $8.80 million), Udit Batra of Waters (367th, $8.74 million), and Sundarrajan Nagarajan of Nordson (389th, $6.98 million).

ALSO READ: Pluugin E-commerce Expands, Opens Office in India

Previous Story

Trump video mentions ‘unified Reich’, Biden calls it ‘Hitler’s language’

Next Story

Missing Bangladesh MP Found Dead in Kolkata

Latest from -Top News

UK Warns China Over Taiwan Moves

Healey’s comments come amid rising global concerns over Chinese military activity around Taiwan and the growing Western focus on the Indo-Pacific region. British Defence Secretary John Healey has said the UK is

US Sticks to August 1 Tariff Deadline

US Commerce Secretary Howard Lutnick ruled out any possibility of an extension…reports Asian Lite News The US administration on Sunday said the August 1 deadline for imposing reciprocal tariffs remains unchanged and

EU Lawmaker Slams US Trade Deal

US President Donald Trump and European Commission President Ursula von der Leyen announced earlier in the day that they had reached a trade agreement…reports Asian Lite News A top EU lawmaker has

Killing Fields of Gaza

While Israeli airstrikes on Gaza continue to dominate global headlines after hundreds of days of conflict, a parallel and equally devastating crisis is unfolding — one that receives far less attention: deepening

EU, China United on Climate, Split on Rest

Climate pact offers rare unity as trade rifts, Ukraine war, and economic tensions dominate EU-China summitChina and the European Union struck a rare note of unity on climate change Thursday, issuing a
Go toTop

Don't Miss

India, Kuwait sign MoU to establish Joint Commission for Cooperation 

The JCC would also oversee existing working groups in areas

US health Secy lauds India’s G20 presidency

On the partnership in Indo-Pacific and Quad vaccine, he said,