Palo Alto Networks Cuts CEO Nikesh Arora Pay to $80.3 Million

Palo Alto Networks Inc. reduced the compensation package for Chief Executive Officer Nikesh Arora to $80.3 million for the 2026 fiscal year. This figure represents a decrease of roughly 20% compared to the previous year.

The pay cut follows persistent opposition from company investors. Shareholders voted against the executive compensation plan last year, marking the seventh time since 2015 that investors rejected the company's pay structure.

Much of the CEO's total compensation remains tied to stock performance. The company disclosed the updated figures in its latest proxy statement.