Adobe CEO Shantanu Narayen to be Honored with The Advertising Council’s 63rd Annual Public Service Award in November

Aug 9, 2016 0

NEW YORK — The Ad Council, the largest producer of public service advertisements (PSAs) in the U.S., has announced that its 63rd Annual Pubic Service Award Dinner held November 16, 2016 at the Waldorf Astoria Hotel in New York City will honor the public service contributions of Shantanu Narayen, CEO of Adobe Systems.

Attended by more than 1,400 prominent executives from the media, advertising, and corporate communities, the Annual Dinner also recognizes the industries and individuals who support the Ad Council and its public service campaigns. This year’s event will be chaired by Margo Georgiadis, President of Google, Inc. and Chair of the Ad Council’s Board of Directors.

The Ad Council has been hosting the Annual Dinner, honoring corporate leaders for their contributions to public service, since 1953. The Public Service Award Dinner is the organization’s largest fundraising event. Last year’s benefit raised a record-breaking $4.1 million to support the Ad Council’s programs.

Shantanu Narayen

Shantanu Narayen

Under Narayen’s leadership, Adobe is a leader in sustainability and corporate social responsibility, and has been named to the Global 100 Most Sustainable Corporations in the World Index, the Civic 50 List of the most community-minded companies in the nation, Ethisphere’s list of the World’s Most Ethical Companies, Newsweek’s Green Rankings, and it received the highest score of 100 in the CDP 2015 Global Climate Change Report.

“We are so proud to honor Shantanu Narayen with this year’s Public Service Award. As CEO of Adobe Systems and President of the Adobe Foundation, he is building a legacy of sustainable business practices and philanthropy,” said Lisa Sherman, President & CEO, Ad Council. “Narayen is a leader in corporate social responsibility, and an exceptional business person, and could not be more deserving of this year’s award.”

As chief executive officer of Adobe, Narayen led the company’s successful transformation of its creative software business from the desktop to the cloud, while creating and leading the explosive digital marketing category. In March of 2016, Narayen was named one of Barron’s “World’s Best CEOs” alongside top leaders such as Jeff Bezos, Warren Buffet and Larry Page. He is a member of the Pfizer and U.S. President’s Management Advisory Boards, where he provides advice on best business practices related to federal government management and operation. He is president of the Adobe Foundation, which funds philanthropic initiatives around the world including Project 1324, a program that provides young people with the opportunity to communicate their ideas and take action in their communities using multimedia and digital tools.

The Ad Council is a private, non-profit organization with a rich history of marshaling volunteer talent from the advertising and media industries to deliver critical messages to the American public. Having produced literally thousands of PSA campaigns addressing the most pressing social issues of the day, the Ad Council has affected, and continues to affect, tremendous positive change by raising awareness, inspiring action, and saving lives.

Read More

25 Highest Paid Indian-American Executives List Released, Includes Two Women: Sona Chawla and Indra Nooyi

Aug 8, 2016 0

BOSTON— Sundar Pichai, Chief Executive Officer of Google, and General Growth Properties CEO Sandeep Mathrani are the two highest-paid Indian-American executives in the United States, earning a whopping $100.50 million and $39.25 million respectively, according to a report released by the IndUS Business Journal.

Indra Nooyi-Twitter

Indra Krishnamurthy Nooyi

“Two top-ranking women also grace the list of the highest-paid Indian-American executives,” said Upendra Mishra, publisher of the IndUS Business Journal. “We hope that the number of women-led businesses increases in the near future. However, it is still exciting to see that there are at least two women in this top list.”

The two women in the list are: PepsiCo CEO Indra Nooyi, who made $22.19 million, and Sona Chawla, Chief Operating Officer of Kohl’s Corp., who made $10.69 million.

The list is based on the total compensation in 2015, 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 is the list ranked by total compensation in 2015:

Rank: 1

Sundar Pichai

Sundar Pichai

Name: Sundar Pichai

Title: CEO

Company: Google

Headquarters: Mountainview, CA

Total compensation: $100.50

 

Rank: 2

Name: Sandeep Mathrani

Title: CEO

Company: General Growth Properties, Inc.

Headquarters: Chicago, IL

Total compensation: $39.25 million

 

Rank: 3

Name: Hari Ravichandran

Title: CEO

Company: Endurance International Group

Headquarters: Burlington, MA

Total compensation: $35.99 million

 

Rank: 4

Name: Bhavesh (Bob) Patel

Title: CEO

Company: LyondellBasell Industries

Headquarters: Houston, TX

Total compensation: $24.46 million

 

Rank: 5

Name: Indra Krishnamurthy Nooyi

Title:    Chairman and CEO

Company: PepsiCo

Headquarters: Purchase, NY

Total compensation: $22.19 million

 

Rank: 6

Name: Shantanu Narayen

Title:    CEO

Company: Adobe Systems

Headquarters: San Jose, CA

Total compensation: $18.36 million

 

Rank: 7

Name: Satya Nadela

Title:    CEO

Company: Microsoft Corp.

Headquarters: Redmond, WA

Total compensation: $18.29 million

 

Rank: 8

Name: Ajay Banga

Title: President and CEO

Company: MasterCard

Headquarters: Purchase, NY

Total compensation: $15.54 million

 

Rank: 9

Name: Pankaj Patel

Title: Executive Vice President

Company: Cisco Systems

Headquarters: San Jose, CA

Total compensation: $13.01 million

 

Rank: 10

Name: Varun Mehta

Title: Vice President of Engineering

Company: Nimble Storage, Inc.

Headquarters: San Jose, CA

Total compensation: $12.46 million

 

Rank: 11

Name: Akhil Johri

Title: Executive Vice President and Chief Financial Officer

Company: United Technologies Corp.

Headquarters: Hartford, CT

Total compensation: $12.37 million

 

Rank: 12

Name: Francisco D’Souza

Title: CEO

Company: Cognizant Technology Solutions

Headquarters: Teaneck, NJ

Total compensation: $11.95 million

 

Rank: 13

Name: Rajiv De Silva

Title: President and CEO

Company: Endo International Plc

Headquarters: Malvern, PA

Total compensation: $10.91 million

 

Rank: 14

Name: Sanjay Mehrotra

Title: President and CEO

Company: SanDisk Corp.

Headquarters: Milpitas, CA

Total compensation: $10.73 million

 

Sona Chawla

Sona Chawla

Rank: 15

Name: Sona Chawla

Title: Chief Operating Officer

Company: Kohl’s Corp.

Headquarters: Menomonee Falls, WI

Total compensation: $10.69

 

Rank: 16

Name: Ashish Bhutani

Title: CEO

Company: Lazard Asset Management

Headquarters: New York City, NY

Total compensation: $10.44 million

 

Rank: 17

Name: Dinesh C. Paliwal

Title: Chairman and CEO

Company: Harman International

Headquarters: Stamford, CT

Total compensation: $10.40 million

 

Rank: 18

Name: Dinesh C. Jain

Title: Chief Operating Officer

Company: Spectrum Management Holding Company

Headquarters: Daytona Beach, FL

Total compensation: $9.44 million

 

Rank: 19

Name: Abhijit Y. Talwalkar

Title: President and CEO

Company: LSI Corp.

Headquarters: San Jose, CA

Total compensation: $9.21 million

 

Rank: 20

Name: Sudhir Steven Singh

Title: CEO

Company: Concur Technologies, Inc.

Headquarters: Bellevue, WA

Total compensation: $7.28 million

 

Rank: 21

Name: Sunit S. Patel

Title: Executive Vice President

Company: Level 3 Communications, Inc.

Headquarters: Broomfield, CO

Total compensation: $7.78 million

 

Rank: 22

Name: Dharmesh Mehta

Title: Executive Vice President

Company: Weatherford International

Headquarters: Houston, TX

Total compensation: $7.69 million

 

Rank:  23

Name: Mohan R. Maheswaran

Title: CEO

Company: Semtech Corp.

Headquarters: Camarillo, CA

Total compensation: $7.67 million

 

Rank: 24

Name: Deepak Chopra

Title: President and CEO

Company: Osi Systems, Inc.

Headquarters: Hawthorne, CA

Total compensation: $7.50 million

 

Rank:  25

Name: Vijay C. Advani

Title: CEO

Company: Franklin Resources, Inc.

Headquarters: San Mateo, CA

Total compensation: $6.85 million

 

Rank:  25

Name: Suresh Vasudevan

Title: CEO

Company: Nimble Storage, Inc.

Headquarters: San Jose, CA

Total compensation: $6.85 million

 

Read More

Four Indian-Americans named in Forbes list of top US wealth advisors

Aug 4, 2016 0

WALTHAM, MA–Four Indian-Americans have been named among the nation’s top wealth advisors by Forbes magazine.  The list of 200 advisors includes Raj Sharma, Ash Chopra, Sonny Kothari and Raju Pathak.

Raj Sharma-action“The 200 members of Forbes’ 2016 list of America’s Top Wealth Advisors collectively manage $675 billion, serving clients that range from Silicon Valley billionaires and Wall Street titans to small business owners and family fortunes,” Forbes magazine said.

Sharma and Chopra, both working in Merrill Lynch-Private Banking & Investment Group, have been ranked 17th and 129, respectively, on the Forbes 2016 list of top wealth advisors. Kothari of Merrill Lynch Wealth Management is ranked 176 and Pathak of Morgan Stanley Wealth Management has been ranked at 184 in the coveted list of wealth advisors.

“Though list members might seem to have a lot in common, there are plenty of differences too,” Forbes said. “Some advisors cater to smaller investors — or what one, Gerstein Fisher’s Gregg Fisher (#28), calls “regular people” — while others have hefty minimums of $10 million and up as their threshold for taking on new business.”

Read More