<div><div>India-born former Google executive Nikesh Arora has been appointed the President of Japan's telecommunications giant SoftBank Corp that paid the "rising star" a whopping $35 million for the financial year 2014.</div><div> </div><div>Arora, 47, who earlier held the vice president's post, was appointed company president and chief operating officer at a general meeting of shareholders in Tokyo on Friday (19 June).</div><div> </div><div>In a management reshuffle last month, Arora - then investments head - was named as a potential successor to company chairman and CEO Masayoshi Son, as the telecoms conglomerate steps up its overseas expansion.</div><div> </div><div>Arora joined the Japanese company just last September.</div><div> </div><div>He was previously chief business officer of Google Inc., which he entered in 2004 as a telecom industry analyst before being recruited by Son.</div><div> </div><div>Hailed by Son as a "rising star", Arora received 16.556 billion yen (nearly USD 135 million) for the period through March, 2015.</div><div> </div><div>Of the total, 14.6 billion yen was paid as an entering bonus and compensation for his work as an executive at a SoftBank subsidiary, the Asahi Shimbun reported today, citing the conglomerate's latest financial report.</div><div> </div><div>Unlike elsewhere in the world, there are few business executives in Japan who are paid several billions of yen a year and rare for a Japanese company to pay more than 16 billion yen annually to an executive, it said.</div><div> </div><div>In less than a year at SoftBank, Arora has already directed about 200 billion yen ($1.67 billion) worth of deals that include investments in Indian technology startups Snapdeal, an online marketplace, and taxi-booking service Ola Cabs, Nikkei Business Daily reported.</div><div><br><br>(Agencies)</div></div>
