Top CEOs' salaries revealed: From Infosys' Salil Parekh, who earns over Rs 56 crore, to HUL's Sanjiv Mehta; SEE how many crores these top bosses took home in FY23

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Top CEOs' salaries revealed

Indian IT companies have been facing headwinds amid macro uncertainty and a worsening demand outlook in FY24. However, IT companies' executives took home fat salaries in FY23. Here is a list of the highest-paid CEOs in India according to company annual reports [{ "selector": ".sajrr-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 417px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".lnrbj-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Infosys: Salil Parekh's salary

Infosys CEO Salil Parekh's total compensation fell by 21% to Rs 56.44 crore in FY23, according to the company's annual report. It is down from Rs 71 crore in FY22. Salil Parekh's base salary in FY23 was Rs 6.67 crore, while his performance-linked bonus was Rs 18.73 crore. He also received Rs 9.71 crore in stock awards and Rs 45 lakh in other benefits [{ "selector": ".ppgqa-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 377px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".eagad-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Wipro: Thierry
Delaporte's salary

Wipro CEO Thierry Delaporte took home a hefty paycheck of $10 million or Rs 82.2 crore during FY23. Delaporte is also the highest-paid CEO among his IT peers in FY23 [{ "selector": ".gjkgn-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 437px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".odbxm-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

TCS: Rajesh Gopinathan's
salary

Former TCS CEO Rajesh Gopinathan earned a salary of Rs 29 crore in FY23. This is an increase of 13% from the previous financial year and a whopping 427 times higher than the median remuneration paid to employees at the IT company [{ "selector": ".ffeqo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 437px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zfljd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Tech Mahindra: CP
Gurnani's salary

The annual report of Tech Mahindra for FY23 is yet to be released. However, the company’s CEO CP Gurnani earned about Rs 63.4 crore in FY22 [{ "selector": ".kgsod-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 457px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".dosmu-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

HCL Tech: C Vijaykumar's
salary

The annual report of HCL Tech is not out yet. The company's CEO C Vijaykumar was the highest-paid CEO in FY22. He was paid a whopping $16.52 million or about Rs 130 crore remuneration in FY22 [{ "selector": ".ifqnr-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 437px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zllul-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Trent, IHCL CEOs' salary

Trent Limited CEO P Venkatesalu took home Rs 5.12 crore in FY23, which represents a rise of 62%. Puneet Chhatwal, his counterpart at Indian Hotels Company (IHCL), earned an annual salary of Rs 18.23 crore, marking an increase of 37% [{ "selector": ".tqxjj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 417px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".utmwl-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Voltas, TCP CEOs' salary

Sunil D'Souza and Pradeep Bakshi, the CEOs of Tata Consumer Products and Voltas respectively, received yearly pays of Rs 9.5 crore and Rs 3.8 crore, respectively, constituting a rise of 24% and 22%, in that order [{ "selector": ".cumgj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 417px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".flpng-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Tata Chemicals,
Tata Power CEOs' salary

Tata Chemicals CEO R Mukunduan and Tata Power CEO Praveer Sinha each saw an increase of 16% to their respective annual salaries, as they took home Rs 8 crore and Rs 9 crore respectively [{ "selector": ".ckbsu-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 439px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".dkdit-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

SBI Chairman salary

The annual salary of State Bank of India's Chairman Dinesh Khara in fiscal 2022-23 was Rs 37 lakh. Khara’s salary included Rs 27 lakh basic pay and Rs 9.99 lakh dearness allowance. In the previous fiscal year, he earned Rs 34.42 lakh in annual salary [{ "selector": ".iuisb-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 417px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".imfqj-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

HUL: Sanjiv Mehta's salary

Hindustan Unilever (HUL) CEO Sanjiv Mehta, who is set to retire this month, received Rs 22.36 crore in annual compensation for FY23, a minor increase from the previous year's Rs 22.07 crore [{ "selector": ".qgexz-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 437px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zuuci-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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Top CEOs' salaries revealed: From Infosys' Salil Parekh, who earns over Rs 56 crore, to HUL's Sanjiv Mehta; SEE how many crores these top bosses took home in FY23

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