Salil Parekh will earn an annual salary of Rs 162. 5 million ($ 2.55 million) as the CEO of Infosys, less than what Infosys had offered his high-profile predecessor Vishal Sikka, who quit the firm after three years in turmoil.
The compensation also reflects the reality at Infosys and its chairman Nandan Nilekani who would like the low-profile senior executive to execute a vision of focused delivery for customers rather than over-promise and under-delivery that would be in contrast with the company's culture.
Parekh, the soft-spoken executive who was poached from global rival Capgemini, will get an annual fixed salary