Ex Google executive Nikesh Arora who has been recently appointed as the President & COO of the Japanese telecommunication giant SoftBank Corp was paid over 16.5 Bn Yen or $135 Mn in the executive compensation for the year ended March 2015.
Nikesh’s compensation was reported in SoftBank’s FY 2015 financial statements release on 19th June.
In less than a year at SoftBank, 47 year old Arora had directed about 200 Bn yen worth of deals including investments on startups such as Snapdeal, Housing.com and taxi-booking service Ola.
Before joining SofBank, Arora was senior vice president and chief business officer at Google Inc, where he started working since 2004 as a telecom industry analyst, before he was recruited by Masayoshi Son as the Vice Chairman and was also given direct responsibility of SoftBank Internet & Media Inc (SIMI) as its CEO.
During a management reshuffle last month, Arora was also voted as a potential successor to company chairman and CEO Masayoshi Son.
Masayoshi Son, while explaining why he has chosen Arora to be his successor, said that since meeting Arora about 5-6 years back and engaging with him in conversations and negotiations, he believes that Arora is a peer to Bill Gates, Steve Jobs, and Jack Ma, mentions Forbes.