The IndUS Business Journal has released its list of the 50 highest paid Indian-American executives in America, for this year.
Topping the list this year is Pepsi-Cola’s former President and CEO Indra K. Nooyi, with a total compensation of $25.9 million, while Google CEO Sundar Pichai made only $1.3 million this year.
“When we began our research, our goal was to compile a list of highest paid Indian American executives with $1 million plus annual compensation. As the research progressed, we made $5 million cut off point, and still the number reached over 50,” Upendra Mishra, publisher of IndUS Business Journal, is quoted saying in a press release.
According to a press release, the list is based on total compensation in 2017, including base salary, bonus, incentives and stock award value. The report is compiled based on public documents filed with the Securities and Exchange Commission, public records and news reports.
Here are the top five:
Name: Indra K. Nooyi
Title: Former President/CEO
Total Compensation: $25.9 million
Name: Satya Nadella
Total Compensation: $25.84 million
Name: Shantanu Narayen
Company: Adobe Systems
Total Compensation: $21.93 million
Name: Ajay Banga
Company: Master Card
Total Compensation: $18.68 million
Name: Bob Patel
Company: Lyondellbasell Industries
Total Compensation: $17.6 million