 "Jaguar Land Rover, JLR")
Jaguar Land Rover Automotive (JLR)’s Chief Executive Officer Ralf Speth’s compensation crimped 42 per cent in two years in the midst of headwinds facing the UK subsidiary of Tata Motors. At the same time, the pay of Tata Motors CEO and Managing Director Guenter Butschek rose 14 per cent, according to the 74th annual report of the company.
In the year ending March 2019, Speth drew a total compensation of Rs 32 crore, down 20 per cent over 2017-18. In 2016-17, he took home Rs 55 crore as compensation.
Speth, 55, has been at the helm of JLR since February
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