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Anthropic IPO: Indian-origin execs' hefty pay revealed

Summary

  • Krishna Rao earned $720,250 in 2025, with future stock options valued highly.
  • Vas Narasimhan, Novartis CEO, joins board with future compensation planned.
  • Neil Shah earns $425,000 annually as a trustee for Anthropic's mission.
Anthropic IPO: Indian-origin execs' hefty pay revealed

Anthropic has filed its prospectus with the US Securities and Exchange Commission on October 26, 2026, detailing executive compensation ahead of its planned Nasdaq listing. The filing highlights the pay structures for three Indian-origin leaders: Krishna Rao, Vas Narasimhan, and Neil 'Buddy' Shah.

Krishna Rao, Chief Financial Officer since April 2024, earned $720,250 in 2025, comprising salary and retirement contributions. His compensation significantly increased in 2026 with a higher salary and new stock grants. His potential equity value as of December 31, 2025, was approximately $134 million.

Vas Narasimhan, CEO of Novartis, joined Anthropic's board in April 2026. While he received no director compensation in 2025, a new policy effective before the IPO will grant non-employee directors $100,000 annually plus $325,000 in stock awards, with an additional fee for committee chairs.

Neil 'Buddy' Shah, serving as trustee and chair of Anthropic's Long-Term Benefit Trust since June 2023, receives a fixed annual compensation of $425,000. His role focuses on protecting the company's long-term mission, with trustees barred from holding Anthropic shares.

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