- General
- June 3, 2018
- 4 minutes read
Nikesh Arora is now Palo Alto Networks’ CEO
image credit: Flickr/ By London Web Summit Nikesh Arora, A notable tech player who has had previous prestigious executive stints…
image credit: Flickr/ By London Web Summit
Nikesh Arora, A notable tech player who has had previous prestigious executive stints at tech leaders Google and Softbank has now added a huge position at another leading company to his track, He has been appointed as CEO of internet security leader Palo Alto Networks replacing Mark McLaughlin who will be moving from CEO to the position of Vice Chairman of the company.
Arora, who previously held a high position at Google and left 4 years ago to join Japanese based tech behemoth Softbank led by Masayoshi Son where he for some reasons resigned after just less than two years at the company where he was slated to become a CEO some time later.
Nikesh Arora was highly influential in both companies and was paid heavily, Specifically from Softbank where he racked up a huge $135 million in just in short span of stay, He officially announced his move to his new position as CEO of Palo Alto Networks via a recent tweet were he talked about being honored to join the current $19 Billion + company with over 5,000 employees as CEO.
Looking fwd to working with the Palo Alto Networks team. Mark, Nir, Lee, Rajiv, Rene and many others have built a unique company. Feel honored to become a part of it. https://t.co/vM07vameE3— Nikesh Arora (@nikesharora) June 2, 2018
Along with this move, Palo Alto Networks which had total revenues of $1.8 Billion last year recently released a record breaking Q3 revenue statement where it made a whooping $567 million+ of total revenue which is 31% more than the previous year’s quarter.
Nikesh Arora also stated in the company’s press release – “I am thrilled and honored to join Palo Alto Networks. I have developed a deep appreciation for the company’s culture, values and pioneering spirit as innovators and disruptors and I look forward to working with the entire Palo Alto Networks team on our mission of protecting our customers in the digital age.”
We should now watch and see how the company which is slated to still grow higher would fare under Arora’s leadership which is predicted to be very positive given his previous track record in adding huge growth statistics to the companies he has held executive positions in.