From TCS to Wipro, the salaries of CEOs of IT companies increased even in the recession.

From TCS to Wipro, the salaries of CEOs of IT companies increased even in the recession.

CEOs of leading IT companies in the country have seen a huge hike in their annual pay packages this financial year (FY2023-24). In recent years, incumbent CEOs at companies like Tata Consultancy Services (TCS), Cognizant and Wipro have been paid Rs. 48 crore to Rs. 92 crore is between. This hike in pay package has come at a time when the IT industry is going through a period of uncertainty and recession. However, let’s find out which CEO’s salary is what.

Or Kritivasana

Tata Consultancy Services (TCS) CEO and MD K Kritiwas for the financial year 2023-2024 total Rs. 25.2 crore package was taken. Kritivasan took charge as the head of the country’s largest IT services company in June last year after the sudden departure of Rajesh Gopinathan from TCS. His appointment is for a period of five years. In the last financial year, Kritivasan received Rs. 3.08 crore with benefits and allowances of Rs. 1.27 crore as salary and he got Rs. A commission of 21 crores was also received.

Salil Parekh

Infosys Chief Executive Officer (CEO) Salil Parekh’s salary package has increased by 17 percent to Rs. 66.24 crore has been done. With this, the company’s top executives have become one of the highest paid CEOs in the industry. Parekh got an annual package of Rs 56.4 crore in the financial year 2022-23.

Debashish Chatterjee

LTIMindtree CEO and MD Debashish Chatterjee sees his total package increasing in FY 2023-2024. Chatterjee’s package increased by 10% during the financial year to Rs. 19.34 crore has been done.

Thierry Delaporte

Former Wipro CEO Thierry Delaporte earned $20 million (Rs 166 crore), including Rs. 92.1 crore package, making him the highest paid IT CEO in the country.

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