Patel, Nooyi, Nadella, among world’s highest paid CEOs

Patel Nooyi Nadella among world s highest paid CEOs pardesi news 1462392030

Three Indian corporate honchos have featured on the top ten list of 100 highest paid CEOs globally, as compiled by Equilar.

As many as three Indian origin persons have been named among 100 highest-paid CEOs globally with PepsiCo's Indra Nooyi and LyondellBasell's Bhavesh Patel making it to the top ten list compiled by Equilar. Satya Nadella CEO of Microsoft was ranked 26th.

Ms Nooyi took over the reigns of PepsiCo in 2006 after having been with the company since 1994, including a stint as president and chief financial officer from 2001. She topped the Indian Americans on the list at No. 8 with a total compensation of $22.2 million. She was ranked 8th on the list with a total pay of $22.2 million and Bhavesh V Patel ranked 6th with a total of $24.5 million.

Nadella, who took over as CEO of the Redmond, Wash.-based tech company in February 2014, came in at No. 26 on the list. His total compensation is $18.3 million, according to Equilar.

Others on the top 10 include, Robert A Iger of Walt Disney ($43.5 million), David M Cote of Honeywell International ($33.1 million), General Electric's Jeffrey R Immelt ($26.4 million), Randall L Stephenson of AT&T ($22.4 million), Rupert Murdoch of Twenty-First Century Fox ($22.2 million) and James P Gorman of Morgan Stanley ($22 million).

Apple is the largest company by revenue on the list, totalling over $230 billion in 2015, followed by Berkshire Hathaway with around $210 billion.

"Notably, Tim Cook of Apple was paid below the median ($10.3 million) and Warren Buffett of Berkshire Hathaway was by far the lowest-paid CEO in the Equilar 100, earning $470,244 in total compensation last year," it added.

Eight CEOs on the list are women the median compensation they receive was $20 million in 2015.

Equilar is a California-based, privately held company, which provides information about total executive compensation packages of the top officers at publicly traded companies and nonprofit organizations.

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Patrick Callahan

Pardesi News Reporter

Pardesi News Reporter

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