India's Highest Paid CEOs
Business Today|May 19, 2019

CEOs are getting paid more than before. But is there a co-relation between pay and performance?

Sonal Khetarpal
India's Highest Paid CEOs

With an astronomically high compensation of 146 crore, C.P. Gurnani, CEO and Managing Director, Tech Mahindra, was India Inc’s highest-paid professional CEO in 2017/18. Gurnani was followed by A.M. Naik, Group Chairman of Larsen and Toubro (L&T), who took home a pay packet of 137 crore. At a distant number three was HDFC Bank’s Managing Director, Aditya Puri, who earned 41.10 crore in the same year.

While Gurnani earned a massive 3,151 times more than the median pay of his company’s workforce, Naik’s salary was 1,725 times higher than the average salary in L&T. He surely would have never imagined that he would be among the highest paid Indian CEOs when he joined L&T as a junior engineer way back in 1965, and took home a salary of 670 per month. They are outliers, and these sums are including their long-term stock options, but more on that later.

هذه القصة مأخوذة من طبعة May 19, 2019 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 19, 2019 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS TODAY مشاهدة الكل
"Attitude Decides Altitude"
Business Today India

"Attitude Decides Altitude"

BEST ADVICE - RAJNEET KOHLI, CEO & EXECUTIVE DIRECTOR, BRITANNIA INDUSTRIES LTD

time-read
1 min  |
December 22, 2024
"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"
Business Today India

"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"

Thomas Matthew, former IAS officer, on his new biography of Ratan Tata, the late Chairman Emeritus of Tata Sons

time-read
3 mins  |
December 22, 2024
"RADICAL CHANGE NEEDED TO IMPROVE URBAN INFRA"
Business Today India

"RADICAL CHANGE NEEDED TO IMPROVE URBAN INFRA"

K.P. Singh, Chairman Emeritus of DLF, on the dynamic nature of the real estate sector, challenges in urban planning, and more

time-read
3 mins  |
December 22, 2024
REDEFINING AMBITION
Business Today India

REDEFINING AMBITION

Shashikant Ruia was a visionary entrepreneur who navigated challenges with resilience. He leaves behind a rich legacy of ambition and leadership

time-read
3 mins  |
December 22, 2024
ON THE WILD SIDE
Business Today India

ON THE WILD SIDE

LOVE WILDLIFE BUT DON'T WANT TO GIVE UP ON THE FINER THINGS WHILE ON A TRIP TO SPOT ANIMALS? CHECK OUT THESE LUXURIOUS WILDLIFE RESORTS FOR THE HOLIDAY SEASON

time-read
3 mins  |
December 22, 2024
"India is the only market globally with substantial growth"
Business Today India

"India is the only market globally with substantial growth"

RHI Magnesita CEO Stefan Borgas on the company's M&A strategy, why India is important, the way ahead, and more

time-read
6 mins  |
December 22, 2024
FRESH ON THE STREET
Business Today India

FRESH ON THE STREET

IPOs have come back with a bang in 2024, with a record ₹1.3 lakh crore raised till October. As a result, many newly-listed firms have made it to the BT500 list

time-read
6 mins  |
December 22, 2024
RIDING THE WAVES
Business Today India

RIDING THE WAVES

The shipping industry is on the brink of a transformation. Beyond government support and technological advancements, what are the other driving forces and emerging trends that will define the landscape in 2025?

time-read
6 mins  |
December 22, 2024
HOME RUN
Business Today India

HOME RUN

After a decade-long slowdown, India’s real estate market reached its highest decadal sales level in the first half of 2024

time-read
4 mins  |
December 22, 2024
In Pursuit of Good Health
Business Today India

In Pursuit of Good Health

The past year has been eventful for the Indian pharma sector, with some companies witnessing growth, and some challenges. The outlook for the sector, however, remains positive

time-read
5 mins  |
December 22, 2024