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Infosys CEO Salil Parekh took home a pay package of Rs 24.67 cr in FY19

COO U B Pravin Rao drew Rs 9 crore in FY19; comparative data on CEO salary not available

Infosys CEO Salil Parekh
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The ratio of Parekh’s salary to median remuneration was 396, which means he was paid 396 times more than the average salary of Infosys’ employees

Debasis Mohapatra Bengaluru
The country’s second-largest IT services firm Infosys’ chief executive officer Salil Parekh took home a pay package of Rs 24.67 crore in the last financial year. Comparable data on salary for the previous financial year was not available as Parekh joined the firm in January 2018.

According to the company’s annual report, the CEO’s compensation included a fixed salary component of Rs 6.07 crore, variable pay of Rs 10.96 crore and perquisites worth Rs 7.64 crore.

The ratio of Parekh’s salary to median remuneration was 396, which means he was paid 396 times more than the average salary of Infosys’ employees.

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