Not Sundar Pichai or Satya Nadella but his Indian origin CEO has clinched a spot among the till 10 highest paid CEOs in the US Silicon Valley.
Nikesh Arora, CEO and chairman of Palo Alto Networks, is ranked as the 10th highest-paid CEO in the United States, according to a recent report by C-Suite Comp, a data analytics firm. They released their findings on Monday.
Two lists of the highest-paid CEOs were released, one based on the “total compensation granted” in 2023 and the other on the “compensation actually paid.”
Neither Sundar Pichai, the Indian-American CEO of Google, nor Satya Nadella, his counterpart at Microsoft, made it onto either list, despite their companies’ strong performance, including advancements with OpenAI.
On the other hand, Nikesh Arora of Palo Alto Networks made it onto both lists. He ranked fourth on the list of “Highest Earning CEOs in the US by Total Compensation Granted in 2023,” with earnings totaling $151.4 million. Additionally, Arora rounded out the top ten of “Highest Earning CEOs in the US by Compensation Actually Paid in 2023,” receiving an annual compensation of $266.4 million.
At the top of the list was Tesla CEO Elon Musk, who earned an impressive $1.4 billion in 2023. Alexander Karp of Palantir Technologies was the only other CEO to surpass the $1 billion mark.