Thierry Delaporte, CEO of software company Wipro, received a salary of Rs 64 crore in the last financial year. He has become the highest paid CEO in the IT industry. Wipro’s Thierry Delaporte became the highest-paid CEO.
Thierry Delaporte took over the reins of Wipro in July last year.
The CEOs of the country’s largest IT company TCS and Infosys are behind them in this respect. Delaporte took over the reins of Wipro in July last year. His payment includes salary of Rs 9.6 crore, commission of Rs 11.2 crore, Rs 5.5 crore as long-term compensation and other income of Rs 37.81 crore. He was offer an annual package of Rs 37.9 crore as the company’s CEO along with stock compensation and other benefits.
Wipro said in a regulatory filing,
“Delaporte’s package is for the period from July last year to March this year. It includes lump sum cash reward, annual stock grant and lump sum RSU.”
11.76 crore payment to the company’s chairman Rishad Premji was given a payment of Rs 11.76 crore to the company’s chairman and Rs 7.43 crore to CFO Jatin Dalal in the last financial year.
TCS CEO Rajesh Gopinathan’s package increased by 53 percent to Rs 20.4 crore in the last financial year. Infosys CEO Salil Parekh’s salary was Rs 49.68 crore, an increase of 45 percent. However, more than half of this has come from stock options. Increase in CEO salaries even during the Corona period. Average salary package for a CEO of a 500 S&P company, according to data recently analyzed by Equilar for the Associated Press Reached 12.7 million US dollars in the year 2020.
This is five per cent higher than the average salary for the same group of CEOs in the year 2019 and a 4.1 per cent increase was see in the last year’s survey. The AP’s compensation study included salary data from CEOs of S&P 500 companies who have completed at least two years of financial service at their companies, who filed proxy statements between January 1 and April 30.
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