Thursday, 4 January 2018

Infosys CEO Salil Parekh Will Be Paid A Fixed Salary Of Rs 6.5 Crores

Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 crores and would be eligible for variable pay of Rs 9.75 crores at the end of the 2018-2019 fiscal year, according to a top company executive.

"Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 crores. He would be eligible for variable pay of Rs 9.75 crores at the end of the fiscal year," independent board member at Infosys Kiran Mazumdar Shaw told PTI here.

Former CEO Vishal Sikka earned USD 6.75 million in FY17 much to disliking of Infosys founder NR Narayana Murthy. Wipro CEO Abidali Neemuchwala is getting a bit over USD 2 million.

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