Tech company whose CEO’s pay has been rejected the most number of times in Corporate America

Palo Alto Networks shareholders have repeatedly rejected CEO Nikesh Arora's pay package, marking the highest number of failed "say-on-pay" votes in the S&P 500. Despite investor opposition citing generous compensation and performance targets, the company has seen significant stock growth. The board defends Arora's pay, emphasizing his performance and alignment with shareholder interests.

By TOI TECH DESK