Nikesh Arora, a Ex-Googler and the president and COO of SoftBank Group, received heafty pay check of $73 million (8.04 billion yen) in 2016. Arora’s compensation includes $14.2 million (1.56 billion) paid by other SoftBank units.
After Google, Arora had joined SoftBank as its vice-chairman and CEO of SB Group US (previously SoftBank Internet and Media Inc) in September 2014.
In 2014-15, Arora had received a $135 million pay package including signing bonus during joining the company in September and end of March 2015. Nikesh Arora count among top paid executives in the world.
During his tenure, Arora has led SoftBank’s investments into Snapdeal, Ola, Housing, Oyo Rooms and Grofers. He also faces several criticism from a group of SoftBank Group investors, which alleged conflict of interest and poor performance in making investments for SoftBank with a lack of proper due diligence.
However, SoftBank had denied these allegations, terming it as “unsubstantiated allegations from unidentified shareholders”.
He was elevated as the the representative director and president & COO of SoftBank in May last year. This promotion marked the first time SoftBank founder & CEO Masayoshi Son had given the ‘president’ title to anyone else since starting SoftBank in 1981.
Last May, Son had also mentioned that Arora is the most likely candidate to succeed him in the future.Arora is currently responsible for SoftBank’s global operations as the Japanese conglomerate recently reorganized itself to separate its domestic and overseas businesses.