Infosys’ top executives rake in multi-million dollar pay packages. Check out how much Vishal Sikka and others earn
Advertisement
Infosys CEO Vishal Sikka’s pay package is at par with chiefs of global IT firms and other top level executives also rake in multi-million pay packages.
While, Sikka’s annual pay package was $7.45 million for the 2015-16, operating chief UB Pravin Rao took home around $1.4 million.
Also, newly appointed CFO MD Ranganath earned $539,141 for the same financial year.
In 2014-15, Rao received $1 million salary including other incentives such as bonuses, incentives and earnings from stock options.
Infosys increased the pay packages of top executives in a bid to retain key executives and also reward rainmakers.
Sikka was rewarded with a salary hike in starting of 2016 and his tenure was also extended after Infosys reaped fortunes and trumped rivals under his guidance.
In 2017, Sikka will make nearly $11 million every year. As part of his old contract, Sikka made $7.08 million, including stock options.
Meanwhile, former CFO Rajv Bansal, who quit Infosys in October 2015, earned $3.44 million.
Advertisement
While, Sikka’s annual pay package was $7.45 million for the 2015-16, operating chief UB Pravin Rao took home around $1.4 million.
Also, newly appointed CFO MD Ranganath earned $539,141 for the same financial year.
In 2014-15, Rao received $1 million salary including other incentives such as bonuses, incentives and earnings from stock options.
Infosys increased the pay packages of top executives in a bid to retain key executives and also reward rainmakers.
Advertisement
In 2017, Sikka will make nearly $11 million every year. As part of his old contract, Sikka made $7.08 million, including stock options.
Meanwhile, former CFO Rajv Bansal, who quit Infosys in October 2015, earned $3.44 million.
Advertisement
- DRDO to collaborate with IIT Bhubaneswar for AI-driven surveillance, other projects
- AstraZeneca withdraws COVID-19 vaccine worldwide, cites commercial reasons
- Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24
- Air India Express cancels flights due to cabin crew shortage: Sources
- India received over $111 billion in remittances in 2022, first country to ever reach that figure: UN
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market