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Wednesday 3 January 2024

Google's former highest-paid exec is now billionaire Silicon Valley CEO

Nikesh Arora, the highest-paid executive at Google, became a billionaire after joining Palo Alto Networks. His net worth is now $1.5 billion. As the CEO of Palo Alto Networks, a cybersecurity software company, Arora received $125 million in stocks. The company's share price surged, making Arora's stake worth $830 million. He sold $300 million worth of shares in 2023. Arora's 2023 compensation includes up to 750,000 stocks, worth over $220 million. The company justified the award based on his strong performance and vested ownership.

from Times of India https://ift.tt/FEr2u8d

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