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Former SoftBank COO to join Palo Alto Networks as CEO

Former SoftBank Group Corp. President and COO Nikesh Arora will run Palo Alto Networks Inc. as its new CEO and board chairman, effective June 6.

Arora will take over from Mark McLaughlin, who is shifting to the role of vice chairman of Palo Alto Networks' board.

Arora left the Japanese conglomerate in July 2016 after its CEO, Masayoshi Son, changed his mind about retiring at the age of 60. Arora was supposed to take over the CEO post after Son's retirement.