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Former SoftBank COO Nikesh Arora Appointed as the CEO of Palo Alto

2Jun By Gauri SinghNo Comments

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Former SoftBank COO Nikesh Arora Appointed as the CEO of Palo Alto

Nikesh Arora, an Indian businessman who was the president and COO of SoftBank Group, has now been appointed as the CEO and chairman of 'Palo Alto Networks', the global cybersecurity leader. Arora has replaced Mark McLaughlin who has been the head for nearly seven years and has played a major role in its difficult stage of growth. The past CEO will now become the board's vice chairman. He said he wanted to step down as CEO so that he could spend more time with his family. McLaughlin, in this context, expressed,"Over the course of several quarters, I have been discussing succession planning with the Board and I couldn't be more pleased that we have found a leader in Nikesh." Nikesh Arora has worked with SoftBank as well as with Google. He served at SoftBank from 2014 until 2016, when he...

Amit Sinha Appointed as a Chief Operating Officer of Paytm Mall

Amit Sinha has been appointed the Chief Operating Officer (COO) of Paytm Mall. He will now be responsible for its overall operations, including expanding its team to ensure customers across India are able to buy the widest range of products and accept deliveries through our efficient partner logistics network. Amit was serving as the Sr. Vice President of Business in his earlier role. He has looked after HR & financial processes and has been with Paytm since 2008, helping build several new businesses. “Our goal is to build the country’s largest platform that enables trusted partners including brand and merchants in growing their business. We are innovating on multiple aspects of business and offering newer business opportunities for sellers”, said Amit. Paytm have de-merged it...

Mohandas Pai Backs Narayana Murthy; Says COO Payment is Huge But Not Performance

Backing Infosys co-founder N R Narayana Murthy's view on pay hike to COO U B Pravin Rao being "not proper," company's ex-director T V Mohandas Pai today said the salary in this case is "spectacular" but performance is not. Alleging that Infosys' board was "misguided", Pai said the ""fundamental problem" was the pay hike given earlier to CEO Vishal Sikka "without any justification", because of which other executives were also expecting higher pay. He said salary levels in India cannot be compared with that in the US. "I totally agree with Murthy that it was not proper. We should have Indian norm for compensation; we can't follow American norm, we (Infosys) are not an American company," Pai, who was also formerly Chief Finance Officer of Infosys, told in a telephonic interview. T...