Nikesh Arora’s hard landing at SoftBank

It’s almost like a Bollywood script: An engineering graduate from Indiaborrows $3,000 from his father to study abroad. He comes to the US, where he flips burgers and works as a security guard to support himself. His hard work pays off; within 20 years, he is counted among the top executives at one of the world’s hottest companies. He gives up the cushy job, though, and makes a huge gamble with his career. And then contention strikes.

That’s the story of Nikesh Arora, one of the highest-paid executives in the world. Today (June 21) he shocked the telecom and technology sector with an announcement (pdf) that he was resigning from SoftBank Group, over differences with SoftBank founder and CEO Masayoshi Son about the latter’s succession plans.

“I was thinking of handing over my job as CEO when I turn 60, but thought maybe I’m still a bit too young, and still have energy to continue,” Son, who is 58, told the Wall Street Journal.

But there is more to this story.

http://qz.com/712427/nikesh-aroras-hard-landing-at-softbank/

The Real Style  ------- NP 2016