TCS CEO Krithivasan earned $3 mln in first year at top job [Reuters]
Infosys Limited American Depositary Shares (INFY)
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Source: Reuters
million) in financial year 2024, making him likely the lowest-paid CEO among top the four Indian IT firms. The commissions tied to TCS' annual profit made up for a key chunk of Krithivasan's compensation, the company said in its annual report on Thursday. The company's profit rose 9% in the year, at a time the $254-billion IT sector struggled with weak client demand amid recession fears. TCS is the first Indian IT firm to release its annual report for the previous financial year. Infosys CEO Salil Parekh made $6.76 million in financial year 2023, while HCLTech CEO C Vijayakumar made $3.46 million and Wipro's former CEO Thierry Delaporte earned $10 million. Wipro's new CEO Srinivas Pallia stands to earn between $4.5 million and $7 million annually for the next two years. "Krithivasan's compensation looks comparatively lower than peers as the other top four were external candidates that joined the companies when they were in turmoil. Relatively, TCS has been a steady ship," sa
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INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website