Highest paid CEO list:
In the competitive landscape of corporate India, executive salary often reflects the performance and strategic direction set by top leaders. The fiscal year 2023 witnessed some notable figures among the highest-paid CEOs, with their salary packages comprising various components such as salary, bonuses, stock rewards, and other benefits. Let's delve into the profiles of a few standout CEOs who topped the earnings chart:
- Ravi Kumar Singisetti
Company: Cognizant
Salary: ₹186 crore (approx. $22.56 million) [Note: A significant portion was a one-time stock reward] - Thierry Delaporte
Company: Wipro
Salary: ₹82.4 crore (approx. $10 million)
Education: MBA from INSEAD, a prestigious business school with global acclaim. - C Vijayakumar
Company: HCL Technologies
Salary: ₹88 crore (approx. $10.65 million)
Education: Degree in Electrical and Electronics Engineering from PSG College of Technology, Tamil Nadu. - Salil Parekh
Company: Infosys
Salary: ₹56.4 crore (approx. $6.8 million)
Education: Master of Engineering in Computer Science from Cornell University and Bachelor of Engineering in Aeronautical Engineering from IIT Bombay. - Sanjeev Mehta
Company: Hindustan Unilever
Salary: ₹22.36 crore
Education: Chartered Accountant from the Institute of Chartered Accountants of India; completed Advanced Management Program from Harvard Business School.
India takes pride in not only producing top CEOs for its own companies but also in nurturing talent that leads multinational corporations. Here are some notable Indian-origin CEOs leading multinational companies:
- Sundar Pichai (Alphabet Inc.):
Total compensation in 2022 was approximately $226 million, including a $2 million salary, $6 million for personal security, and stock awards valued at $218 million. - Satya Nadella (Microsoft):
Total annual compensation in 2023 was approximately $48.5 million, including a $2.5 million base salary, stock awards worth $39.2 million, non-equity incentive plan compensation of $6.4 million, and other compensation of $361,650. - Vivek Sankaran (Albertsons Companies): Total compensation in 2023 was approximately $16.1 million, including a $1.5 million base salary, a $4.9 million bonus, stock awards worth $9.5 million, and other compensation of $198,453.
- Arvind Krishna (IBM):
Total compensation in 2022 was approximately $48.5 million, including a $1.5 million base salary, stock awards worth $39.2 million, non-equity incentive plan compensation of $6.4 million, and other compensation of $361,650. - Revathi Advaithi (Flex Ltd.):
Total compensation in 2023 was approximately $15.6 million, including a $1.3 million base salary, a $2.8 million bonus, stock awards worth $11.0 million, and other compensation of $409,914. - Neal Mohan (YouTube):
Expected monthly salary is around Rs 3.1 crore. - Shantanu Narayen (Adobe Inc.):
Total compensation in 2023 was approximately $44.9 million, including a $1.5 million base salary, a $3.0 million bonus, stock awards worth $40.1 million, and other compensation of $355,283.
These leaders not only reflect India's growing influence in the global business landscape but also highlight the importance of a strong academic background and strategic acumen in achieving success on a global scale.