Hindustan Unilever CMD Sanjiv Mehta's gross salary up 2.86% in FY20

Hindustan Unilever’s (HUL’s) Chairman and Managing Director (CMD) Sanjiv Mehta (pictured) took home a larger pay cheque for the 2019-20 financial year even as the company was fighting Covid-19 challenges during the period.
 

HUL’s FY20 annual report, released on Friday, shows that Mehta’s gross salary or total remuneration was Rs 19.42 crore, up 2.86 per cent from a year earlier. In FY19, Mehta had taken home a remuneration of Rs 18.88 crore, which was lower by 2.52 per cent over the previous year.
 

While his FY20 salary and allowances, bonus, and provident fund contribution have grown by 41.59 per cent,