The pay package of Salil Parekh, CEO of Infosys, rose by 45%

Infosys CEO Salil Parekh

Infosys CEO Salil Parekh

Salil Parekh, the CEO of Infosys, his pay package rose by 45% to Rs.49.68 crore in 20-21. He earned Rs.38.27 crore in the last financial year. 

As the Telegraph reported, “According to the annual report of Infosys for 2020-21, while his base salary was Rs 5.69 crore, the retiral benefits came to Rs 38 lakh, resulting in a total fixed salary of Rs 6.07 crore. His bonus incentives or variable pay came to Rs 12.62 crore, and ‘perquisites on account of stock options exercised’ stood at Rs 30.99 crore.”

Nilekani said, “First and foremost, under our CEO, Salil Parekh, ably supported by the global senior leadership, Infosys has transformed into a very client-focused company.

“Our stable and motivated leadership is working quietly and without fuss to ensure Infosys is the partner of choice for the world’s top companies as they navigate in these uncertain and rapidly changing times. This has led to unprecedented transformational large deals,”

Source: TT

 

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