Salil Parekh’s Compensation Detail: Insights into Infosys and IT Sector Salaries
Salil Parekh, CEO and Managing Director of Infosys, has emerged as India's second-highest paid CEO in the IT sector, with an impressive salary of Rs 66.25 crore for the fiscal year 2024. His compensation package includes Restricted Stock Units (RSUs) amounting to Rs 39.03 crore, a base salary of Rs 7 crore, and additional bonuses, making his daily earnings soar over Rs 18 lakh.
Salil Parekh: A Leader in the IT Industry
Since taking charge of Infosys in January 2018, Salil Parekh has made significant strides in the IT landscape. His educational background is noteworthy, having graduated from IIT Bombay and further earning a master's degree from Cornell University.
Professional Journey
- Three decades at Capgemini prior to joining Infosys.
- Consistent growth in his salary over the years—from Rs 56 crore in FY23 to Rs 71 crore in FY22.
- Executive leadership that has strengthened Infosys’ market position.
Comparative Salaries in the IT Sector
While Salil Parekh earns Rs 66.25 crore, Wipro's former CEO, Thierry Delaporte, leads with a projected Rs 166 crore in FY24, showcasing the competitive pay scale in the industry.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.