Hindustan Unilever CEO took home a hefty package of Rs 14.20 crore in FY17
Jun 8, 2017, 16:56 IST
Sanjiv Mehta, Managing Director and CEO of FMCG major Hindustan Unilever took home a pay package of Rs 14.20 crore in the last fiscal, even though there was no hike in his salary as compared to the previous year.
In comparison, Company’s Chief Financial Officer P B Balaji was paid Rs 8.33 crore for the same period, even without any raise in 2016-17.
On the other hand, Pradeep Banerjee, Executive Director for Supply Chain, and Dev Bajpai, Executive Director for Legal & Corporate Affairs and Company Secretary, both received hikes of 8% each, taking home Rs 4.75 crore and Rs 4.69 crore, respectively.
Employees other than the managerial personnel got an average percentage increase of 5.57%. In the case of managerial personnel, the average increase was 3.1%.
(Image source HUL)
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In comparison, Company’s Chief Financial Officer P B Balaji was paid Rs 8.33 crore for the same period, even without any raise in 2016-17.
On the other hand, Pradeep Banerjee, Executive Director for Supply Chain, and Dev Bajpai, Executive Director for Legal & Corporate Affairs and Company Secretary, both received hikes of 8% each, taking home Rs 4.75 crore and Rs 4.69 crore, respectively.
Employees other than the managerial personnel got an average percentage increase of 5.57%. In the case of managerial personnel, the average increase was 3.1%.
(Image source HUL)