Top 10 Indian IT CEOs Salary: All You Need to Know in 2024
Global inflation will likely result in a reduction in CEO salary, yet even so, top executives continue to earn extremely high salaries. Global inflation will likely result in a reduction in CEO salary, yet even so, top executives continue to earn extremely high salaries.
Here is the list of Top 10 Indian IT CEOs Salary:
10. Sanjeev Mehta
Company Name- Hindustan Unilever
Salary- Rs. 22.36 Cr
Sanjeev Mehta, CEO of Hindustan Unilever, received Rs 22.36 crore in FY23, up slightly from Rs 22.07 crore the previous year, according to the Financial Express. He has led the consumer goods conglomerate since October 2013.
9. C Vijayakumar
Company Name- HCL Tech
Salary- Rs. 28.4 Cr
HCL Tech’s CEO and Managing Director, C Vijayakumar, received Rs 28.4 crore in FY23. He has been with HCL since 2016, driving the company through new technology breakthroughs, according to the Economic Times.
8. Rajesh Gopinathan
Company Name- TCS (Tata Consultancy Services)
Salary- Rs. 29.61 Cr
Rajesh Gopinathan, former CEO and Managing Director of Tata Consultancy Services (TCS), made Rs 29.61 crore in FY23. His pay was Rs 1.73 crore, with additional benefits and allowances totaling Rs 2.43 crore, according to the Economic Times. Gopinathan resigned as CEO in 2023.
7. CP Gurnani
Company Name- Tech Mahindra
Salary- Rs. 32 Cr
The former Tech Mahindra CEO and Managing Director CP Gurnani earned Rs 32 crore last year before leaving the business in December 2023, after nearly two decades.
6. Sudhir Singh
Company Name- Coforge
Salary- Rs. 34 Cr
Sudhir Singh, the CEO and Executive Director of Coforge, received Rs 34 crore in FY23, according to News18. Since January 2020, he has run Coforge, an IT services firm headquartered in Noida and New Jersey.
5. Salil Parekh
Company Name- Infosys
Salary- Rs. 56 Cr
He received his degree in aeronautical engineering from the Indian Institute of Technology, Bombay (IIT Bombay). Cornell University offers master’s degrees in mechanical and computer science engineering.
After Ernst & Young’s consulting division, where he had previously worked, was incorporated with the company in 2000, Parekh joined the group management board of Capgemini.
4. Nitin Rakesh
Company Name- Mphasis
Earnings: Rs. 59.2 Cr
Nitin Rakesh, Mphasis’ CEO and Director, earned Rs 59.2 crore in FY23, according to CNBC. He has led Mphasis since 2017, propelling company forward in the competitive company services and consulting business.
3. Sandeep Kalra
Company Name- Cognizant
Earnings: Rs. 61.7 Cr
Sandeep Kalra earned Rs 61.7 crore as CEO and Executive Director of Persistent Systems last year, up 31% from Rs 46.9 crore in FY22, according to LiveMint. Kalra joined Persistent Systems in 2019 and was appointed CEO in 2020.
2. Thierry Delaporte
Company Name- Wipro
Earnings: Rs. 82 Cr
Thierry Delaporte, who just resigned as CEO of Wipro, earned Rs 82 crore in FY23, making him India’s second-highest-paid CEO, according to News18. Srinivas Pallia succeeded him as CEO and Managing Director on April 7.
1. Ravi Kumar Singisetti
Company Name- Cognizant
Earnings: Rs. 169.1 Cr
Ravi Kumar Singisetti took over Cognizant on January 12, 2023, following Brian Humphries. He topped the list with a stunning Rs 186 crore in remuneration last year, according to India Today. According to business documents, the majority of his earnings, almost Rs 169.1 crore, were in the form of shares.
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Ravi Kumar Singisetti