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

Palo Alto Networks’ shareholders have reportedly rejected its CEO’s pay package more times than investors at any other company in Corporate America. According to a report by Bloomberg, shareholders of the cybersecurity company have voted against executive compensation proposals seven times since 2015, the highest number of failed “say-on-pay” votes among companies in the S&P 500 Index.

In December 2025, less than half of Palo Alto shareholders voted in favour of compensation packages for senior executives. This included a package valued at nearly $100 million for CEO Nikesh Arora.

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