In the past decade, average CEO pay at S&P 500 companies has risen by over $4 million, reaching $17.7 million in 2023
Two Indian-origin CEOs have secured spots among the top 10 highest-paid executives of S&P 500 companies, underscoring the significant presence and influence of Indian-origin leaders in major global corporations.
Nikesh Arora, CEO of Palo Alto Networks Inc., ranks among the top earners, with a remarkable income of $151.4 million (approximately ₹1,273.05 crore).
Joining him is Satya Nadella, CEO of Microsoft Corp, whose income reached $48.5 million (around ₹407.85 crore). These substantial earnings place both leaders among the highest-paid executives worldwide.
Growing income disparity highlights an ongoing debate around executive compensation and wage equity within the workforce
Other notable Indian-origin CEOs in the S&P 500 include Ravi Kumar of Cognizant Technology Solutions Corp. and Shantanu Narayen of Adobe Inc., who also command impressive compensation packages.
In the past decade, average CEO pay at S&P 500 companies has risen by over $4 million, reaching $17.7 million in 2023.
In contrast, the average U.S. worker saw a much more modest wage increase, with their salary reaching $65,470 in 2023.
This growing income disparity highlights an ongoing debate around executive compensation and wage equity within the workforce.
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