Infosys CEO Salil Parekh gets 88% raise, annual salary hiked from Rs 42 crore to Rs 79 crore
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Infosys has announced that the company's CEO Salil Parekh will get revised remuneration of Rs 79 crore annually. The IT company in a regulatory regulatory filing said that Parekh's fixed cash compensation will be an annual salary of Rs eight crore payable as remuneration for his services. Other components include Time-based RSUs, Variable cash compensation and Performance equity grant under the Infosys Limited 2015 Incentive Compensation Plan.